Skip to main content

What contingency is held within the $1.704 billion taxpayer contribution to the Cook Strait Ferry Replacement Programme, and how much of that contingency, if any, has been drawn down to date?

Answered Question 39664 (2026)
Question published
Reply lodged
Bookmark

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What contingency is held within the $1.704 billion taxpayer contribution to the Cook Strait Ferry Replacement Programme, and how much of that contingency, if any, has been drawn down to date?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

We have already answered this question. There is approximately 20% of that amount held as contingency and the programme is funded to P85 levels. No contingency has been drawn to date.