Planning & Investment Knowledge Base

Work category 331: Property purchase – state highways

 

Introduction

This work category provides for the purchase of land by the NZTA for new and improved roading infrastructure for state highways.

 

This definition applies to the 2012-15 NLTP.  For the 2015-18 NLTP please refer to the updated definition for work category 331.

 

Examples of qualifying activities

Examples of qualifying activities include, but may not be limited to:

  • valuation
  • legal surveys
  • acquisitions, and
  • compensation.

 

Other potential activities not shown above should be discussed with the NZTA for eligibility.

 

Conditions

Conditions include:

  • funding assistance will be based on the purchase price
  • all costs must be identified by project and available for audit
  • a land plan must be available for audit purposes and must indicate the area of land to be purchased and the part that is to be converted to road reserve, with each individual property to be identified on the plan, and
  • net land costs (total gross cost less actual or estimated value from disposal of surplus land) to be entered and updated in Transport Investment Online at the project level for large projects and group level for small projects.

 

Funding assistance rate

The usual funding assistance rate for this work category is:

  • 100 percent for the NZTA (state highways).
 

Last Updated: 03/08/2020 8:58am