The New Zealand Transport Agency is reviewing how investments are developed, assessed and prioritised. We're looking at a fundamental change in how we make land transport investment decisions; putting people and place, rather than vehicles and networks, at the centre of our decision-making.
The Transport Agency uses its Investment Decision-Making Framework (IDMF) to develop, assess and prioritise funding transport investment proposals. The review of this framework has been prompted by changes in the Government Policy Statement on Land Transport 2018 (GPS), which places more emphasis on social, economic, cultural and environmental outcomes in transport planning.
This includes environmental impact, safety, resilience, access to transport, public health, urban development, and network benefits in transport planning and investment. GPS 2018 also required an investigation of the Transport Agency’s evaluation methods, and this has been incorporated as a core part of the review.
The review will take into account the principles outlined in GPS 2018; that all modes of transport, land use, technology, and innovation are considered and valued in transport investment. We also want to improve the business case approach to making the case for investment.
The Transport Agency and the Ministry of Transport are working together to revise the Investment Decision-Making Framework, with support from Local Government New Zealand (LGNZ). We’ll also be working with other local government and local authority representatives, as well as NZ Treasury, to get their input into the investigation, design and delivery stages of the review.
The review will result in changes to investment decision-making principles and policies, processes, tools and systems to ensure:
We’ll be providing support and resources to help with embedding the new requirements.
The review will focus on five key workstreams:
The IDMF review will largely take place throughout 2019 and will be implemented in June 2020, in time for the National Land Transport Programme (NLTP) 2021–24 to be developed.
Implementation will include updated investment policies, processes, tools, and guidance (including updates to the business case approach, criteria for prioritisation and assessment, and evaluation methodologies).
We are working with LGNZ about how best to engage with local government to seek their input and feedback.
We’ll update this page regularly throughout the process.
For more information you can email our programme management team email@example.com