The Transport Agency will prioritise low cost, low risk programmes (based on the results alignment and cost–benefit appraisal ratings of the programme) against other improvement activities in the local road improvements, state highway improvements, regional improvements and public transport improvement activity classes.
If funding availability is an issue across or in any of the above mentioned activity classes, the scale of the low cost low risk programme may be adjusted based on its priority within the activity class. The allocation will also consider the quality of supporting business cases including activity management planning documents.
Activities detailed on the low cost, low risk improvements template must be prioritised against each other as part of preparing and managing the information recorded on the template. The prioritisation framework is to be determined by the approved organisation and provided to the Transport Agency upon request.