COVID-19 SERVICES UPDATE: Information for all alert levels, Waka Kotahi services and more

SCAM ALERTS: Report a phishing scam or learn about the latest phishing emails

ONLINE SERVICES: We currently have an issue with receiving some payments and are working to resolve this issue as quickly as possible. We apologise for any inconvenience.

EASTER WEEKEND – PLAN AHEAD: Heading away for the long weekend? Check our holiday journeys tool(external link)

SCAM ALERTS: Refund email and Vehicle licence (rego) renewal phishing emails


Back to Resources

Monetised benefits and costs manual

Published: | Category: Benefits & economic evaluation , Manuals | Audience: Local & regional government

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 has replaced the Economic evaluation manual from 31 August 2020 and applies to business cases that commence on or after 31 August 2020.

The MBCM should be read in conjunction with the Non-monetised benefits manual, the industry's standard for the quantitative and qualitative benefits of New Zealand land transport activities.

Land transport benefits framework and management approach: guidelines provides guidance on the application of the Benefits Framework (the list and description of the benefits) and Benefits Management Approach (how benefits are applied, monitored and reported).

Economic evaluation manual 

Non-monetised benefits manual

Land transport benefits framework and management approach: guidelines

For further guidance on how to apply the MBCM or to register for updates related to the MBCM contact

Publication details

  • Author:
  • Published: 13 August 2020
  • Version: 1.5
  • ISBN/ISSN: 978-1-98-856173-8 (online)
  • Contact:
  • Amendments: Manual updated 1 August 2021