Waka Kotahi NZ Transport Agency's Monetised benefits and costs manual (MBCM) is the industry's standard for the economic evaluation of land transport activities in New Zealand. The MBCM sets out economic evaluation procedures and values used in calculating benefit–cost ratios, necessary for applications seeking investment where a cost–benefit appraisal is a mandatory Waka Kotahi requirement.
The MBCM replaced the Economic evaluation manual from 31 August 2020.
Version 1.6 of the MBCM applies to business cases that commence on or after 14 April 2023. The simplified procedures have also been updated to reflect version 1.6 of the MBCM. Version 1.6.1 (Jun 2023) contains minor amendments for clarity and consistency.
The MBCM should be read in conjunction with:
For further guidance on how to apply the MBCM or to register for updates related to the MBCM contact MBCM@nzta.govt.nz
|Date issued||Title||Current version|
|30 Jun 2023||1.6.1|
|14 Apr 2023|
|Apr 2023||Monetised benefits and costs manual – technical notes|
|1 Jul 2018||Crash risk factors guidelines (compendium), amendment 1 [PDF, 1.1 MB]|
|14 Apr 2023||SP1 Road renewals [XLSX, 228 KB]|
|14 Apr 2023||SP2 Bridge renewals [XLSX, 519 KB]|
|14 Apr 2023||SP3 Road improvements [XLSX, 456 KB]|
|14 Apr 2023||SP4 Seal extensions [XLSX, 366 KB]|
|14 Apr 2023||SP5 Intersections [XLSX, 338 KB]|
|14 Apr 2023||SP6 High productivity motor vehicles [XLSX, 228 KB]|
|14 Apr 2023||SP8 Freight services [XLSX, 284 KB]|
|14 Apr 2023||SP9 Public transport new services [XLSX, 216 KB]|
|14 Apr 2023||SP10 Public transport existing services [XLSX, 199 KB]|
|31 Jul 2023||
(This version fixes some minor errors in previous versions)
|14 Apr 2023||SP12 Travel behaviour [XLSX, 236 KB]|
|14 Apr 2023||SP13 Safety promotion [XLSX, 212 KB]|
|19 Jul 2021||Transport modelling checks worksheet [XLSX, 387 KB]|
|13 Jan 2022||Crash cost savings worksheet [XLSX, 363 KB]|
|1 Aug 2021|
In May 2023 we ran a webinar to introduce users to the changes in version 1.6 of the MBCM.
|18 Feb 2021|
|15 Dec 2021|
|1 Aug 2021||General circular 21/04 [PDF, 97 KB]|