This page relates to the 2024-27 National Land Transport Programme.
Introduction
This page provides information about funding assistance rates (FARs) to be applied in the 2024–27 National Land Transport Programme (NLTP) period. FARs are the funding contribution, in percentage terms, that we (NZ Transport Agency Waka Kotahi (NZTA) as investor) make to an approved organisation for a land transport activity. FARs are reviewed every 3 years, before each NLTP.
FAR policy
We will apply the FAR to approved organisations’ approved transport activities in accordance with FAR policy. Funding assistance will be provided:
- at a FAR set under the FAR policy, or
- as an amount that reflects our consideration of value for money from our investment in an activity and our assessment of the level of supplementary funding available or potentially available for an activity.
The policy governs how FARs are set, defines the criteria for adjustments and front-loading of FARs, and explains the situations where we may agree to targeted enhanced FARs.
For details, see the FAR policy.
Funding Assistance Rates (FAR) Policy
Normal FARs for the 2024–27 NLTP
Normal funding assistance rates apply in each of the financial years for land transport activities in the 2024–27 NLTP.
Normal funding assistance rates
Other funding assistance rates
For clarity, please note the following for the 2024–27 NLTP:
- Rail level crossing warning devices
- Maintenance and renewal of rail level crossing warning devices and barrier arms under work category 131 and the local road component of rail level crossing warning device improvements under work category 321 are funded with co-investment by us at the approved organisation's normal FAR.
Work category 131: level crossing warning devices
Work category 321: new traffic management facilities
KiwiRail will effectively fund the improvement programme in the 2024–27 NLTP to arrive at a normal cost-share position at the end of the programme. As a result, the FAR for level crossing warning devices will be the approved organisation’s normal FAR for the 2024–27 NLTP.
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Stock effluent facilities
The approved organisation's normal FAR will apply for construction of access roads for facilities located on local roads. Refer to the NZTA stock effluent facility policy for details.
Stock Effluent Facilities Policy
FARs applied across financial years
Our funding approvals for the activities of approved organisations are based on the application of the approved normal FAR for each year of the activity. Where an approved activity phase extends over more than one financial year, the approved normal FAR for the subsequent year(s) shall be applied to the costs incurred/claimed in the subsequent year(s). This also applies where an approved activity phase extends beyond the NLTP period.
Model for normal FARs for 2024–27
The model used to set normal FARs may be viewed at the link below.
Normal FAR 2024–27 model [XLSX, 1.1 MB]
Variations to normal FARs
The following variations to normal FARs will apply:
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Special purpose roads
The FARs for special purpose roads (SPRs) that have yet to transition to the approved organisation’s normal FAR are set out in the table of published SPR FARs on the other funding assistance rates page .
Other funding assistance rates
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Total Mobility activities
Refer to the table for Total Mobility FARs on the other funding assistance rates page.
Other funding assistance rates
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Emergency works
The NZTA emergency works policy has been revised as part of the FAR review. Details of the new policy are set out under work category 141.
Work category 141: emergency works
