Following an extensive business case analysis, the NZTA determined that the project meets the Treasury's criteria for a PPP procurement model
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Following an extensive business case analysis, the NZTA determined that the project meets the Treasury's criteria for a PPP procurement model. On 19 November 2012, the Cabinet gave the NZTA approval to finance and build the Transmission Gully highway using a PPP. The NZTA was also given approval to borrow up to the estimated costs of traditional procurement as part of the PPP. Final approval of the borrowing limit will be confirmed by the Cabinet before the NZTA awards the PPP contract. A Request for Expression of Interests will be launched in November 2012
List of the country updates
Country updates
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September 14, 2012
Health Minister Tony Ryall today announced the members of the new Hospital Redevelopment Partnership Group
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September 11, 2012
Spotless has confirmed that its consortium has reached financial close for the 25 year contract to construct, operate and maintain a new prison at Wiri, South Auckland
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August 22, 2012
The New Zealand Transport Minister Gerry Brownlee has signalled US$811 million Transmission Gully project would be "ideal for a Public Private Partnership"
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May 24, 2012
Officials met to study the project
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May 02, 2012
The Pathway Trust proposes that construction and operation is overseen by a Public Private Partnership (PPP) with Auckland Council and private funders
