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Showing 651 to 700 of 3241 written question sets.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Did he give any consideration to exercising a statutory power to remove Pat Dougherty or Mike Rudge from the NZTA board, rather than their stepping down as announced on 27 July 2026?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Both members resigned.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Did he, or any person acting on his behalf including a member of his office, request, suggest, or otherwise indicate to NZTA board members Pat Dougherty or Mike Rudge that they should resign or step down from that board?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

My conclusion that the Board requires a different balance of skills and experience was initially communicated to Mr Dougherty and Mr Rudge by Ministry of Transport officials. Both resigned following that communication.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    When, and by what means, did he communicate to NZTA board member Mike Rudge his decision regarding the make-up of that board?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The information was conveyed via a phone call on 3 June 2026.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    When, and by what means, did he communicate to NZTA board member Pat Dougherty his decision regarding the make-up of that board?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The information was conveyed via a phone call on 3 June 2026.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Which specific governance, financial, or regulatory deficiencies, if any, on the part of the NZTA board led him to conclude that a different balance of skills and experience was required?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to my response to Written Parliamentary Questions 34384 and 34385 (2026).

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What advice, if any, has he received on NZTA's performance of its regulatory functions since becoming Minister of Transport, and from whom?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The Ministry of Transport and (since 1 July 2026) the Ministry for Cities, Environment, Regions and Transport have provided me with regular advice on the performance of NZTA's regulatory functions, as my Crown entity monitoring department.

Questions published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Questions

  • 34394 (matches this search)

    Did he seek or receive any advice on the individual performance of any member of the NZTA board before concluding that the board required a different balance of skills and experience, and if so, from whom?

  • 34398 (matches this search)

    What review, if any, of the NZTA board's overall competencies and requirements did he undertake or commission before announcing changes to that board's membership on 27 July 2026?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Consistent with good practice, the Ministry of Transport reviewed the overall composition of the NZTA Board as part of the appointment round that was just concluded. That advice recommended a Board composition with a stronger emphasis on…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What advice, if any, has he received from the Public Service Commission on the composition, competencies, or performance of the NZTA board since 1 January 2026?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

None

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What advice, if any, has he received from the Ministry of Transport on the composition, competencies, or performance of the NZTA board since 1 January 2026, and on what dates was each piece of advice received?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I received the following briefings and advice, which discussed the composition, competencies and performance of the NZTA Board: 15 January 2026: OC250106 NZTA Board Appointments: Longlist following advertisement 30th April 2026: OC260308…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Was the review of the NZTA board's competencies and requirements that preceded his 27 July 2026 announcement documented in writing, and if so, will he release that document?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The review was completed by the Ministry of Transport as part of the appointments process and the information conveyed in the advice I received.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    When did he reach the conclusion, announced on 27 July 2026, that the New Zealand Transport Agency (NZTA) board required a different balance of skills and experience with a stronger emphasis on governance, particularly financial and…

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

This decision was made when I confirmed who I wanted to progress for appointment to the NZTA Board. I made this decision on 31 May 2026.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Further to reply 25946 (2026), how much, if any, had been spent as at 31 July 2026 on pre-implementation activities for Roads of National Significance projects that had not yet progressed to procurement or construction, further to the…

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to the attached document.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Further to reply 25946 (2026), how much, if any, had been spent as at 31 July 2026 of the $675 million approved by the NZTA Board in October 2025 for the six projects listed in the Minister's press release of 20 October 2025, broken down…

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to the attached document.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What is the current estimated cost, procurement model and indicative timeline for the remaining sections of the Northland Corridor beyond Warkworth to Te Hana, and when will decisions on those sections be taken?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The current estimated cost of the remaining sections of the Northland Corridor beyond Warkworth to Te Hana (Te Hana to Port Marsden Highway and Port Marsden Highway to Whangārei) is an investment range of $15.3 billion to $18.3 billion. An…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What contractual remedies or abatements apply if the Warkworth to Te Hana expressway does not open in 2033 or if works are not completed in 2034?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZTA has not agreed on a liquidated damages (or similar) regime regarding potential delays to the road opening date under the Project Agreement. There are incentives for Northway to achieve road opening in line with the contracted date…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Why does main construction on Warkworth to Te Hana not begin until November 2027 when early works commence from August 2026, and what activity will occur in the intervening period?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Construction planning, mobilisation, detailed design, and early works are due to commence from August 2026, with main construction starting in November 2027. The period between August 2026 and November 2027 will be used to undertake those…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What agreements or partnerships, if any, have been entered into with iwi, hapū and mana whenua in relation to the Warkworth to Te Hana expressway, and what commercial participation, if any, do they involve?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZTA has had a long-standing partnership with Hōkai Nuku since 2010 on the project. Hōkai Nuku is the authorised representative body, representing four Iwi and hapū mana whenua - Ngāti Manuhiri, Ngāti Rango of Kaipara, Ngāti Whātua, and Te…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    How many workers are expected to be employed at peak construction on Warkworth to Te Hana, and how many of those roles, if any, are expected to be filled from overseas?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Northway anticipates a peak workforce of approximately 1000 workers. The mixture of international and local workers has not yet been determined.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    How many internships, graduate roles, apprenticeships and school-to-work placements, if any, is the Northway consortium contractually required to provide on Warkworth to Te Hana, and what targets, if any, apply to Māori and Pasifika…

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Schedule 22 in the Project Agreement outlines requirements for participation. Clause 6 mandates that Northway provide the following Employment and Economic Opportunities for Māori applicants: eight or more full-time apprenticeship…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Is the Northway consortium's expectation that around 60 per cent of total physical works spending will flow through local supply chains a contractual obligation, how is "local" defined, and what consequences, if any, apply if that level is…

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

There are no contractual obligations placed on Northway in relation to the extent to which it utilises local supply chains. The definition of ‘local’ in the Request for Proposal was ‘within 100km of a business depot or site office’. NZTA…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What is the posted speed limit planned for the Warkworth to Te Hana expressway on opening?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZTA advises me that the posted speed limit will be 110km/h for the motorway, excluding the twin bore tunnel which will have a posted speed limit of 80km/h.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What will happen to the existing State Highway 1 route through Wellsford and Te Hana once the expressway opens, and who will be responsible for maintaining it?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The management of the existing SH1 route through Wellsford and Te Hana will be determined through a future revocation assessment.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What provision, if any, has been made in the Warkworth to Te Hana scope for walking and cycling facilities, and for public transport services or infrastructure?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

No provision has been made.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What water quality standards must the 12 wetland stormwater treatment basins on Warkworth to Te Hana meet, if any, and who is responsible for monitoring compliance over the 25-year operating period?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to my response to 34415 (2026) on consent conditions.

Questions published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Questions

  • 34413 (matches this search)

    What measures, if any, are required under the Warkworth to Te Hana Project Agreement to manage kauri dieback and to protect threatened species affected by construction in the Dome Valley?

  • 34414 (matches this search)

    How many hectares of indigenous vegetation, including in or adjacent to Dome Forest, will be cleared for the Warkworth to Te Hana expressway, if any, and what biodiversity offsetting or compensation has been agreed, if any?

  • 34415 (matches this search)

    Which resource consents and designations for Warkworth to Te Hana have been granted, and which consents, if any, remain outstanding at financial close?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

On 25 March 2021, Auckland Council granted resource consents, subject to conditions, for the project. The confirmed resource consent conditions and designation and designation conditions are available online:…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    How much land, if any, remains to be acquired for the Warkworth to Te Hana expressway, how many properties are affected, and how many acquisitions, if any, are expected to require compulsory action under the Public Works Act 1981?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

All privately held land required for the project has been acquired by the Crown.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What consideration, if any, has been given to tolling the Warkworth to Te Hana expressway, and what revenue would tolling be expected to generate?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Tolling consultation was carried out in April 2026. The proposed option was for two gantries. One located south of the Wellford interchange with a 24/7 toll of $3.00 for light and $6.00 for heavy vehicles. The second, located north of…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What traffic or demand risk, if any, is borne by the Crown under the Warkworth to Te Hana Project Agreement?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

This is an availability model PPP so the traffic/demand risks remain with the Crown.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What are the forecast annual average daily traffic volumes for Warkworth to Te Hana at opening in 2033 and at the expiry of the agreement in 2058?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Traffic volumes vary along the corridor. From the modelled years that correlate, annual average daily traffic estimates are: • 2034: approximately 20 - 21k vehicles per day • 2054: approximately 25 - 27k vehicles per day

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What data source and base year support the estimate that around 1,000 heavy vehicles a day will be removed from State Highway 1 through Wellsford and Te Hana?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The traffic model is based on historical traffic counts for light and heavy vehicles, utilising forecasts for trip generation, land use changes and travel demand.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Over what period, and against what historical closure data, was the estimate of more than 1,000 fewer closure hours on the Warkworth to Te Hana route calculated?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

An assessment of current and potential resilience risk reduction was undertaken using the National Resilience Assessment Tool (NRAT) method, based on historical closure information since 2013.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What baseline journey and time of day were used to derive the estimated travel time savings of seven to ten minutes per vehicle from Warkworth to Te Hana?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The Northland corridor traffic model assesses morning peak, evening peak, and interpeak times. The 2024 and 2054 model years show at least 7-10 mins saving, compared to the existing corridor which has a baseline journey of approximately…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Over what period is the estimated reduction of 145 deaths and serious injuries on Warkworth to Te Hana expected to occur, and what methodology and baseline crash data were used?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The crash analysis is based on historical crash data, using the five-year period from 2019–2023. The expected reduction is over the PPP operation period of 25 years.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What is the benefit-cost ratio of the Warkworth to Te Hana project, and over what appraisal period, at what discount rate, and using which categories of benefit was the stated return of $1.60 per dollar invested calculated?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

1.6 (including wider economic benefits) over 60 years at 2% discount rate. The key assumptions used in the economic assessment were: • Time Zero: 1-July-2024 • Base date: 1-July-2023 • Discount rate: 2% (2024-53), 1.5% (2054-83) • Period…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What advice, if any, did the Treasury and the New Zealand Infrastructure Commission provide on the value-for-money case for procuring Warkworth to Te Hana as a public-private partnership, and did either raise concerns?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZTA worked closely with the Ministry of Transport (now the Ministry for Cities, Environment, Regions and Transport (MCERT)), the Treasury, Infrastructure Commission and NZ Infrastructure Funding and Financing Company Limited (NIFFCo)…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What earlier Gateway reviews have been conducted on the Warkworth to Te Hana project, on what dates, and what delivery confidence rating did each assign?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that a Gateway 0/2 Review (Strategic Assessment / Delivery Strategy – Detailed Business Case) was undertaken in February 2025. The delivery confidence rating assigned was Amber/Green.

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Why did the May 2026 Gateway 3 Review of Warkworth to Te Hana result in a Green/Amber rather than Green delivery confidence assessment, and what specific risks were identified?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that the May 2026 Gateway 3 Review assigned a Green/Amber delivery confidence assessment because reviewers identified a number of risks requiring ongoing management attention, while having a high degree of confidence that…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What were the seven recommendations of the Gateway 3 Review of the Warkworth to Te Hana project conducted between 4 and 8 May 2026, and what action, if any, has been taken on each?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to Appendix 2 of the proactively released Cabinet paper: https://www.transport.govt.nz/assets/Uploads/Outcome-of-the-Procurement-Process-Northland-Corridor-Section-1-Public-Private-Partnership-Redacted-v2.pdf…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    How many NZTA staff and what annual budget will be dedicated to managing the Warkworth to Te Hana contract over its life?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that the number of NZTA staff managing the Warkworth Te Hana project is anticipated to peak at 24 FTE roles. The delivery budget base costs are $245m over the construction and operational phases of the project (FY2027-2033 and…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What handback standards and residual asset condition requirements apply when Warkworth to Te Hana is returned to NZTA in 2058, if any, and what remedies exist if those standards are not met, if any?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The Project Agreement includes detailed handback requirements that apply at the end of the concession period in 2058. These require Northway to return the asset to NZTA in a defined minimum condition, with specified residual service life…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Who will independently verify the Northway consortium's performance against the Warkworth to Te Hana Key Performance Indicators, and at whose cost?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that there is no independent verification of the Northway consortium’s performance against Key Performance Indicators. This assessment is done by NZTA. The Independent Reviewer is jointly engaged and funded by NZTA and…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    How will deductions apply under the Warkworth to Te Hana Project Agreement for road closures, and what distinction, if any, is made between planned maintenance closures, unplanned incidents and weather-related closures?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that deductions will apply during the operating phase where the road is unavailable for traffic. There are some full exclusions (such as scheduled planned maintenance) and partial exclusions (reactive incident response, for…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What are the Key Performance Indicators under the Warkworth to Te Hana Project Agreement, and what is the maximum financial deduction available in any year expressed as a dollar figure and as a percentage of the annual Unitary Charge?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that the Performance Regime is a primary financial incentive mechanism in the Project Agreement, aligning the Contractor’s economic outcomes with safe, available and high-performing delivery across the 25-year operational…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What specific lessons from the Transmission Gully public-private partnership were incorporated into the Warkworth to Te Hana Project Agreement, and how, if at all, is each reflected in the contract terms?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

Key lessons from previous PPPs have been applied to this Project and have resulted in a more sophisticated transaction and PPP model. Key lessons and how they have been applied are set out in Appendix 1 of the released Cabinet paper, and…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What performance bonds, parent company guarantees or other security has the Northway consortium provided for Warkworth to Te Hana, if any, and what is the value of each?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that NZTA has the benefit of a guarantee from an Acciona group company in respect of the construction and maintenance and operations sub-contractors. The consortium members have also obtained various bonds or bank guarantees…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    How, if at all, is ground condition and geotechnical risk allocated under the Warkworth to Te Hana Project Agreement, particularly in relation to the twin tunnels through Kraack Hill above the Dome Valley?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The approach to risk in this PPP represents an evolution of the New Zealand PPP model consistent with the updated Treasury PPP Policy and lessons from Transmission Gully and the Puhoi to Warkworth project. A key lesson from previous PPPs…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What compensation events, relief events and change-in-law provisions in the Warkworth to Te Hana Project Agreement could result in additional cost or time being borne by the Crown, if any?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The Project Agreement contains an extension event regime (under which NZTA provides extensions of time but no compensation - extension events are typically insured) and a compensation extension event regime (where NZTA provides extensions…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    Which risks are retained by the Crown under the Warkworth to Te Hana Project Agreement, and which risks are transferred to the Northway consortium?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to the released Cabinet paper: https://www.transport.govt.nz/assets/Uploads/Outcome-of-the-Procurement-Process-Northland-Corridor-Section-1-Public-Private-Partnership-Redacted-v2.pdf…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What is the maximum amount payable by the Crown on early termination of the Warkworth to Te Hana Project Agreement in the event of contractor default, voluntary Crown termination, and force majeure respectively?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The amount payable will depend on the time and circumstances of termination. The termination payment can be based on the value of the project/its equity (each subject to a valuation methodology set out in the project agreement), an amount…

Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • (matches this search)

    What is the total value of contingent liabilities arising from the Warkworth to Te Hana Project Agreement, if any, and how will those liabilities be recorded in the Financial Statements of the Government?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZTA will include a PPP service concession liability on its balance sheet which is estimated to peak at $2.4-2.7 billion at the end of the construction period and reduce as Unitary Charges are paid over the operational period. This…