Prioritisation process for funding competing Transport related projects (Auckland Perspective)

Transcription

1 Prioritisation process for funding competing Transport related projects (Auckland Perspective) ATRF Conference 2009

2 Policy Framework

3 The Range of Projects Proposed for Evaluation Table 1 : Comparison of Funding requested through the Regional Land Transport Programme and the 2009 Government Policy Statement Funding Allocations Activity class Local Share($000) Final RLTP NZTA Share ($000) Region Total ($000) Midpoint of 2009 GPS ($000) % Regional NZTA share of the 2009 GPS (1) (2) (3) (4) (5) = (2) / (4) Transport Planning $9,811 $34,046 $43,858 $105, % Demand Management and Community Programmes. $10,751 $32,471 $43,222 $142, % Walking and Cycling Facilities $32,229 $59,920 $92,149 $52, % Public Transport Services $326,821 $386,761 $713,582 $630, % Public Transport Infrastructure $122,608 $235,911 $358,519 $180, % Maintenance Local Roads $149,919 $120,632 $270,551 $727, % Maintenance State Highways $0 $182,046 $182,046 $927, % Renewal Local Roads $198,105 $158,883 $356,988 $690, % Renewal State Highways $0 $115,056 $115,056 $640, % New and Improved Local Roads $327,731 $398,800 $726,532 $600, % New and Improved State Highways $0 $1,462,219 $1,462,219 $2,962, % Total $1,177,975 $3,186,747 $4,364,722 $7,657, %

4 The Range of Projects Proposed for Evaluation $3,000,000,000 $2,500,000,000 Local Share 2009/12 NZTA Share 2009/12 Midpoint of GPS 2009/12 $2,000,000,000 Dollars ($) $1,500,000,000 $1,000,000,000 $500,000,000 $0 Trspt Plan TDM & CFA W&C Facilities PT Serv PT Infra Maint Local Rds Maint SH Activity Class Rwl Local Rds Rwl SH New Infra New Infra Local SH Rds

5 Auckland Region Transport Priorities The general priority for the region s transportation resource allocation is stated explicitly in the Auckland Transport Plan, 2009 in five Strategic Focus Areas (SFA) as follows: Greater focus on regional arterials Greater focus on road safety engineering Optimise the use of the existing transport system to move people and freight Strong focus on transport investments that are supportive of the Regional Growth Strategy Completion of key links in the region s strategic roading, passenger transport and cycle network.

6 The Prioritisation Process Activity Submitted no Discretionary Activity? yes no Committed Activity? yes no Generic Activity? yes Profile Seriousness and Effectiveness as High for all activities Rank above discretionary activities. Rank above discretionary activities. Profile seriousness, urgency and effectiveness Generic profile seriousness and effectiveness Profile Efficiency Rank activities with same profile based on: Strategic Balance Short term challenges Strategic focus areas (includes GPS)

7 Assessment of Projects Three factors used to provide a profile Seriousness and urgency Effectiveness Efficiency Each factor is rated as High, Medium or Low The table 3 and 4 below describes the rating of each factor.

8 How to rate H/M/L for seriousness and urgency Table 3

9 How to rate H/M/L for seriousness and urgency Table 3 Cont.

10 How to rate H/M/L for effectiveness Table 4

11 How to rate H/M/L for efficiency The efficiency of an activity is based on its Benefit/Cost Ratio (BCR). The profile relationship For the efficiency is: High - if the BCR 4.0 Medium if 2.0 BCR < 4.0 Low 1.0 BCR < 2.0 Where no details of the efficiency are known at the Planning stage, a default low is assumed.

12 Efficiency evaluation worksheet Given the follow ing Road and traffic data from Road Asset Maintenance Management Record: Annual Average Daily Traffic 1,800 Traffic Grow th 2.50% Existing Roughness 80 NAASRA Predicted Roughness 64 NAASRA Length of Job After Improvements 1.06m Existing Traffic Speed 90 Km/hr Predicted Traffic Speed 100 Km/hr BCR calculations using the New Zealand Transport Agency's Economic Evaluation Manual: Benefits Travel Time Cost Savings (TTC) $218,312 Vehicle Operating Cost Savings (VOC) -$89,076 Accident Cost Savings (AC) $160,629 Cost Do-Minimum (DM) $334,478 Cost of Option (CO) $397,177 Benefits Cost Ratio (BCR) TTC + VOC + AC DM - CO $218,312 - $89,076 + $160,629 $397,177 - $334, (efficiency profile is 'High', using 6.5 above)

13 Ranking Schemes Finally projects are ranked in order of priority as shown below:

14 Funding Requested v Funding Allocated $1,600.0 RLTP - Requested Funding from NLTP ($m) NLTP Allocation ($m) $1,400.0 $1,200.0 $1,000.0 $800.0 $600.0 $400.0 $200.0 $0.0 New Infrastructure - State highways New Infrastructure - Local Roads PT Services PT Infrastructure Maintenance - State highways Renewals - Local Roads Maintenance - Local Roads Renewals - State highways Walking and Cycling Transport Planning Demand Management

15 Questions?