The Cost estimation manual (SM014) is for use by consultants when preparing cost estimates. It contains all NZ Transport Agency's procedures and guidelines for producing, reviewing or submitting estimates for capital projects. The manual has been updated to align with our Business Case Approach.
It should be noted that all estimates exclude escalation. However, all funding application assessments are out-turn estimates and should include escalation.
For further information contact SM014@nzta.govt.nz.