The NZ Transport Agency Board has the responsibility of allocating funds from the National Land Transport Fund (NLTP). In making its investment decisions, our board must take account of the Land Transport Management Act 2003 (LTMA) and follow its requirements for the procurement of activities.
Under the LTMA, the Transport Agency is responsible for allocating funds for investment in activities out of the National Land Transport Fund. We use an allocation process that has been devised to take into account our investment and revenue strategy (IRS), the requirements placed on approved organisations and our Planning and Investment Knowledge Base.
The Transport Agency may approve or decline funding for an activity or combination of activities, but must consider the matters set out in section 20 of the LTMA. The assessment factors used when considering proposals are the strategic fit, and the effectiveness and economic efficiency of the solution to the issue.
Decisions must be made available on this website in accordance with section 20D(2) of the LTMA.