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Chapter G9 Assessment of passenger transport programmes
G9.8 Passenger transport programme: funding and affordability
Introduction
This section refers to the criteria and considerations used by the NZTA in deciding how to support the amounts requested for each component of the passenger transport programme.
Price escalation
Consideration will be given to the price escalation used by the approved organisation to forecast budgets.
Significant forecast activities
Information on significant activities in years 4, 5 and 6 will be considered.
Funding source
The intended primary and additional funding sources for each work category in the passenger transport programme will be considered.
Where other than N funds are proposed, this must be clearly shown in LTP online.
Funding identified in relevant LTCCP
Consideration will be given to the funding identified in the relevant LTCCP.
Network condition and trends
Consideration will be given to the trends in performance measures.
Use of assessment profiles
Consideration will be given to the assessment profile for each component of the passenger transport programme and also the change in the profile with marginal changes to the activities involved.
Scaling as a result of GPS activity class funding
Consideration will be given to the total of all passenger transport programmes compared with the relevant activity class funding ranges specified in the GPS and the target amount for each activity class set by the NZTA.
If the total of all requested passenger transport programmes is greater than the target amount set by the NZTA, then the requested programmes will be scaled back. The amount of scaling for each component of the passenger transport programme will depend on the considerations listed above.
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