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Asked by
Tangi Utikere
Member for Palmerston North · Labour Party
Question
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What methodology did the New Zealand Transport Agency use to set normal funding assistance rates for the 2027-30 National Land Transport Programme, and in what respects, if any, does that methodology differ from the one used to set rates for the 2024-27 period?
Answered by
Hon Chris Bishop
Member for Hutt South · National Party · Minister of Transport
Answer
I am advised that NZ Transport Agency Waka Kotahi (NZTA) used the methodology developed in the funding assistance rates policy which is available on its website here: https://www.nzta.govt.nz/partners/planning-and-investment/planning-and-investment-knowledge-base/2024-27-nltp-investment-requirements/2024-27-nltp-principles-and-policies/funding-2/funding-assistance-rates-far-policy