This page relates to the 2021-24 National Land Transport Programme.
This page provides an overview of the requirements for the preparation of the Waka Kotahi Investment Proposal – the document which sets out the Waka Kotahi NZ Transport Agency national programme of its own activities to give effect to the Government Policy Statement on land transport (GPS).
The programme of activities covers all Waka Kotahi activities such as regulatory responses, fee-funded services to provide safe access, nationally managed activities that Waka Kotahi (for its own activities) will consider for funding directly from the National Land Transport Programme (NLTP), and those it will seek funding for from the NLTP through the respective regional land transport plans (RLTPs).
The Waka Kotahi Investment Proposal will also include activities delivered by Waka Kotahi that are funded from other sources such as the Provincial Growth Fund and the New Zealand Upgrade Programme (NZUP).
The Waka Kotahi Investment Proposal is a non-statutory document but elements within it are prescribed in the Land Transport Management Act 2003 (LTMA).
In summary, legislative requirements are as follows:
We (Waka Kotahi as investor) expect that Waka Kotahi (for its own activities), when developing its activities for inclusion in the NLTP, will meet the same criteria as required of approved organisations in the development of their programmes of activities submitted for funding from the NLTP through their RLTPs.
Waka Kotahi (for its own activities) is expected to apply our investment principles in developing its transport programmes and activities.
We expect Waka Kotahi (for its own activities) to use the principles of the Business Case Approach for activities proposed for inclusion in the NLTP. We also require Waka Kotahi (for its own activities) to use the Business Case Approach for its transport activities.
All activities proposed for funding assistance under the NLTP must be supported by appropriate evidence.
Evidence is to be provided in the Transport Investment Online (TIO) fields and uploaded as supporting information, including strategies, business cases, activity management plans, regional passenger transport plans, economic evaluation worksheets.
When developing activities, Waka Kotahi (for its own activities) must ensure it completes the required fields in TIO with the information relevant to the activity’s business case stage and its readiness for either NLTP inclusion or funding approval at the time of NLTP adoption.
We expect Waka Kotahi (for its own activities) to monitor the impacts of its land transport investments with either centralised data or local data when centralised data is not available. Waka Kotahi (for its own activities) needs to select benefits and measures and agree on these with us. The benefits management section of InvestHub provides links to guides and manuals to provide instruction on how to fulfil the benefits requirements.
We require Waka Kotahi (for its own activities) to apply the Safe System audit procedures for projects to the development of any improvement or renewal activity that involves vehicular traffic, walking and/or cycling proposed for funding assistance from the NLTP. The road safety audit page on this knowledge base provides details of when to undertake audits or how to declare an exception.
We expect Waka Kotahi (for its own activities) to optimise its programme of transport activities when developing this for inclusion in the RLTP and/or NLTP.
At a programme level, this involves determining the best mix of interventions, the sequencing and scheduling of their components and relative scale of the components to achieve efficient allocation of resources over time and best value for money.
For activities, programmes and packages, generating and assessing options as part of business case development requires Waka Kotahi (for its own activities) to:
The appraisal summary table (AST) is required at the short list and preferred option stage. The AST summarises non-monetised and monetised benefits and the whole-of-life costs. This information assists decision makers to optimise trade-off decisions.
We use the Investment Prioritisation Method (IPM) to profile and prioritise activities.
Waka Kotahi (for its own activities) must use the IPM to determine the investment profiles of its improvement activities, and to inform its decisions to submit activities for inclusion in an RLTP .
We will also profile each activity using the IPM. The resulting investment profile will help ascertain the activity’s priority for inclusion and programming in the NLTP.
Our prioritisation of activities for programming in the NLTP uses the IPM priority order, which sets out the priority order assigned to each of the three-factor investment profiles developed through the rating assessed for each of the three criteria.
Details of the process and steps required are set out on the Process for developing Waka Kotahi Investment Proposal on this knowledge base.