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Chapter F6 Rail and sea freight
F6.2 About activity class 6: Rail and sea freight
Introduction
Activity class 6: Rail and sea freight
Activity class 6 is intended to transfer road freight to rail or sea.
Qualifying activities
The NZTA will consider applications for funding assistance under activity class 6 if the activities:
- transfer road freight
- have benefits to
- the road network
- road controlling authorities (RCAs)
- road users.
The activity should have a benefit cost ratio (BCR) greater than 1, as calculated according to the NZTA's Economic evaluation manual, volume 2. This means that the activity will deliver more benefits than the subsidy provided.
Activities must be assessed according to the requirements of the NZTA's assessment methodology, set out in section G5.2.
Supporting information
The following supporting information must be provided for implementation projects under this work category:
- risk analysis for projects with a present value of the funding gap of greater than $1 million
- audit of road user benefits
- confirmation that the roading alternative is not constrained by the regional land transport strategy (RLTS)
- a rigorous assessment and economic efficiency evaluation.
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