Sapere was engaged by Waka Kotahi NZ Transport Agency, to undertake research to identify and develop critical techniques and methods that can be used to value and monetise the costs and benefits of resilience in transport infrastructure, described in a way that can be incorporated into the Economic Evaluation Manual (EEM).
The resulting research paper aims to contribute to Waka Kotahi by:
• developing and testing methodologies to better measure the direct and indirect costs and benefits of resilience
• identifying key factors, variables and matters that should be considered in the (ex-ante) cost–benefit analysis (CBA)
• providing guidance on how these key factors, variables and matters can be obtained, valued and monetised.
Sapere was asked by the Infrastructure Commission / Te Waihanga to quantify and evaluate the costs, including in relation to time, and risks of consenting infrastructure in New Zealand.
This report provides a detailed picture of the costs that infrastructure developers face when seeking to consent new projects and outlines some issues with the current regulatory framework.