to the Waterview Connection Procurement Steering Group

Mon, 06/04/2009 - 11:15am

on the Waterview Connection PPP Procurement Investigation. In our submission we said that while constructing this project as a public/private partnership (PPP) could be beneficial in sourcing private sector funding, we believed there would be a number of negatives when compared to using an Alliance type contract. While the finance sector would welcome a PPP, the construction sector is less enthusiastic because of the allocation of risk arrangements and the adversarial contract model.

We underlined that the NZ construction sector has the necessary capacity and skills for the project provided international expertise is brought in to construct the 3 km tunnel, and we believe it can be completed by 2015 provided consents are secured promptly. More