This page relates to the 2021-24 National Land Transport Programme.
Waka Kotahi NZ Transport Agency is responsible for developing a three-year National Land Transport Programme (NLTP).
The Waka Kotahi Investment Prioritisation Method (IPM) for the 2021–24 NLTP is used to give effect to the Government Policy Statement on land transport (GPS) 2021 in the 2021–24 NLTP.
The IPM applies to activities proposed for the 2021–24 NLTP. It replaces the Investment Assessment Framework used for the 2018–21 NLTP.
We (Waka Kotahi as investor) undertake investment prioritisation when approved organisations, KiwiRail, NZ Police and Waka Kotahi (for its own activities) put forward a proposed activity, or combination of activities, for inclusion in an NLTP, whether this is during the development of the NLTP (or as a variation to the NLTP).
We also confirm the priority order when a business case is presented so that a funding decision can be made. We apply the IPM factors based on the updated information in order to check the activity is above the investment threshold. The investment threshold is the priority order at which we allocate full funding to an activity class.
Section 19B of the Land Transport Management Act 2003 (LTMA) sets out the following ‘core requirements’ for the NLTP, which are summarised below:
The implications of these key considerations for the IPM are outlined below.
A key consideration for the Investment Prioritisation Method is to ensure the NLTP gives effect to government priorities and direction as outlined in the GPS.
The purpose of the LTMA is ʽto contribute to an effective, efficient and safe land transport system in the public interest.’ To approve funding of an activity or a combination of activities, the LTMA stipulates that Waka Kotahi must be satisfied specified criteria are met, including that the proposal:
The GPS 2021 notes Waka Kotahi (for its own activities), KiwiRail, the NZ Police and approved organisations will use the framework in the LTMA 2003 to deliver investment across New Zealand that is prioritised and coordinated.
Activities in RLTPs are accounted for in the Waka Kotahi Investment Prioritisation Method as follows:
We consider the NEECS and RMA policy documents to be part of a given business case and provide specific guidance for this in the Business Case Approach.
We will treat any activity phase that is already ʽfunding approved’ in the 2018–21 NLTP as ʽcommitted’, ie we will not require these to be reviewed under the Investment Prioritisation Method for the 2021–24 NLTP, and will automatically include the phase that has funding approval in the 2021–24 NLTP.
However, where an activity phase has approved funding (denoted as ʽcommitted’ in Transport Investment Online) in the 2015–18 NLTP or an earlier NLTP, we may request the project owner to reassess the activity phase using the Investment Prioritisation Method for the 2021–24 NLTP. We reserve the right to overturn funding approval/commitment should the activity be below the investment threshold for the 2021–24 NLTP and not been progressed in its delivery.
Activity phases included in previous NLTPs (eg denoted as ʽincluded in NLTP 2018–21’ in Transport Investment Online) but which do not have funding approval, must be reviewed based on the Investment Prioritisation Method for the 2021–24 NLTP in order for us to consider including them in the 2021–24 NLTP.
Activity phases put forward for the first time for inclusion in the 2021–24 NLTP must provide the information required as outlined in this knowledge base.