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Which components of the Cook Strait Ferry Replacement Programme cost are based on long-range estimates rather than fixed or target outturn prices, and what is the combined value of those components?

Answered Question 39663 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Which components of the Cook Strait Ferry Replacement Programme cost are based on long-range estimates rather than fixed or target outturn prices, and what is the combined value of those components?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

The approved scope of work in the ferry replacement programme is funded to P85 levels based on target outturn prices.