Policy Update – 26 January 2017
Our fortnightly policy updates keep you up-to-date with the industry.
On 19 January the Government released an interim Major Projects Performance Report. The report provides an update on the status of 53 complex major projects across government, with projects given a rating from Red through to Amber and then Green. The projects on the list have a whole of life cost of $37 billion and 90 per cent of them have been assessed as amber or better.
A red or amber/red rating highlights that there are issues or risks that are either currently being addressed or need to be addressed to ensure the project is delivered successfully. The report shows four projects are rated as amber/red and one is rated as red. These projects are:
- ANZAC Frigate Systems Upgrade – Defence (red)
- Lincoln University/AgResearch Stage One Building Project
- Māori Land Service – Te Puni Kōkiri
- Transforming the System of Service Delivery Programme – Department of Internal Affairs
- National Bowel Screening Programme – Ministry of Health
The interim report covers the period July – November 2016, and was finalised before the Kaikōura earthquakes on 14 November.
Find out more here
Fifteen projects have been conditionally approved to receive around $3.5 million from the Low Emission Vehicles Contestable Fund, according to a media release from Energy and Resources Minister Judith Collins.
“The funding will provide up to 50 per cent funding for projects that will demonstrate and showcase low emission vehicle technologies in high-profile, visible ways that will help to normalise these technologies, and that can be implemented relatively quickly”, the Minister says.
The second funding round, with up to $6 million available, is expected to open for applications in late February/March 2017.
Meanwhile, the NZ Transport Agency has released guidance on public charging infrastructure for electric vehicles. The guidance provides clear recommendations for both investors and those enabling the development of charging station sites, such as local authorities.
“This guidance is an important step towards developing a safe and consistent nationwide charging network that [electric vehicles] drivers can depend on,” Transport Minister Simon Bridges said in his media release.
Find out more about the Fund here
Find out more about the guidance here