2.14 Packages
- 2.1 Overview
- 2.2 Social cost benefit analysis and financial analysis
- 2.3 Benefits
- 2.4 External impacts
- 2.5 Costs
- 2.6 Present value and discounting
- 2.7 Time frame
- 2.8 Do minimum and benefit and cost differentials
- 2.9 Benefit cost ratios
- 2.10 Incremental cost benefit analysis
- 2.11 First-year rate of return
- 2.12 Uncertainty and risk
- 2.13 Alternatives and options
- 2.14 Packages
- 2.15 Transport models
- 2.16 Other inputs to funding allocation process
- 2.17 References
2.14 Packages
Introduction
Land Transport NZ seeks to encourage, where appropriate, approved organisations to develop packages of interrelated and complementary activities, either individually or in association with other approved organisations.
Packages are by definition multiple projects, which seek to progress an integrated approach to transport. Packages are intended to realise the synergy between complementary projects.
Packages may involve different activities, organisations and time periods. Packages should be:
- clearly related to specific transport issues and outcomes that emerge from the NZTS as expressed through the relevant regional land transport strategies, land transport programmes and long-term council community plans
- optimised to make the most efficient and effective use of resources.
The extent to which particular packages, and where appropriate components within such packages, are optimised to make the most efficient and effective use of resources, will be determined using the applicable project-evaluation procedures in this manual.
Types of packages
In general, packages will fall into one of the following three categories:
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Packages for single agency with multiple activities.
An example of such a package would be the development of integrated urban traffic-control systems and complementary pedestrian and public transport priority measures
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Packages for multiple agencies with multiple activities.
An example of such a package would be where a major state highway improvement is to be combined with traffic calming on local roads to improve the safety of the adjacent local road network. It is quite possible that when considered individually, neither project represents an efficient use of resources. Travel time and capacity issues may reduce the benefits of the traffic calming when considered as an isolated project. Similarly, main road traffic volumes may not be sufficient to warrant the highway upgrading as an isolated project. However, the combined project will benefit from the complementary nature of the two activities
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Packages for multiple agencies with a single activity.
An example of such a package would be a proposal to seal a currently unsealed tourist route that passes through two local authorities. Such a proposal would be submitted as a package by the two approved organisations as a multiparty project. There are benefits to existing traffic in sealing each section of the route. However, to realise all the potential benefits, the entire route needs to be sealed. Therefore, separate analyses shall be undertaken for each section of the route and of the route as a whole. In doing so, the evaluation should highlight the efficiencies of a package approach
Land Transport NZ's Programme and funding manual provides further examples of the different types of packages
Evaluation of packages
Chapter 3 of this volume describes the procedures for evaluating packages comprised of road projects only, while chapter 3 of volume 2 describes the evaluation of packages comprised either of TDM strategies only or a combination of TDM strategies and road projects.
