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The investment framework

Updated: 12 January 2012

Government strategies, policies and legislation all influence the programmes we fund from the National Land Transport Fund (NLTF) through their inclusion in the NLTP. We assess all proposed activities against a framework to determine if they are eligible for funding and their priority. Our assessment takes into account a number of considerations including strategic fit, effectiveness and economic efficiency.

What we take into account

We take a range of considerations into account when assessing whether or not to fund particular transport activities.

We need to ensure that the activities proposed give effect to:

  • the Government policy statement on land transport funding (GPS) - this statement sets out the government's priorities for investment in the land transport system in the period of the NLTP. It also takes account of:
  • regional land transport programmes - developed every three years by regional transport committees to set out the transport activities for which funding will be sought. The regional programmes must be consistent with: the GPS (external link)
  • regional land transport strategies developed by regional transport committees to provide a 30-year planning framework
    and take account of:
    • our national activities, eg state highways
    • Long Term Plans (LTPs) - developed by district, city and regional councils and Auckland Transport

We also assess whether activities:

  • help to meet the short-term and/or medium-term impacts identified in the GPS
  • contribute to the Land Transport Management Act 2003 (LTMA) objectives
  • have been assessed against other options and alternatives
  • comply with LTMA consultation requirements.

Our assessment criteria

The Assessment framework we follow is set out in the Planning & Investment Knowledge Base.

Have your say on what gets funded

Find out how you can have input to proposed transport activities.