NZ Transport Agency
To authorise changes proposed by Auckland Transport (AT) to the scope and cost of Auckland Manukau Eastern Transport Initiative (AMETI) Package 1 activities, and to seek endorsement for funding approval for Panmure Phase 1.
1 December 2011
Funding is approved for the construction of Auckland Transport’s AMETI Package 1 – Panmure Phase 1 project at an estimated cost of $182.66 million ($212.18 million less $13.52 million for the already funded Mountain Rd bridge component less $16.0 million for the Panmure Interchange) at a funding assistance rate of 54.33% (NZTA share $99.24 million), with the NZTA share being available commencing in 2012/13.
The assessment profile for this activity has been determined as being of High strategic fit, High effectiveness and Low economic efficiency.
We confirm that the matters in sections 20(2) and 20 (5) of the LTMA have been satisfied, and that the matters in section 20(3) have been taken into account.