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Case Study

Improving New Zealand Treasury capital planning

chess game related to finances

We are assisting the NZ Infrastructure Commission to develop an evidence base on infrastructure needs across New Zealand.

The Challenge

Each year, NZ government departments are required to submit their 10-year Capital Intentions Plans (CIP) to the Treasury. From our experience, we know that many of these plans are mere “wish lists” and do not draw on good strategic and operational asset management approaches. 

Our Approach

Our team assessed departmental CIPs to determine how accurately they represented real proposals for investment and how they would form part of an Infrastructure Investment Pipeline.  We determined that the Infrastructure Investment Pipeline could not, at that time, rely on this level of reporting.

We prepared a new model and reporting requirement for the CIPs focused on more credible and certain investments that could be shared publicly.  

Collaborating with departments, local government, and tertiary education organizations, we refined the model and provided advice to Treasury on improvements in investment management and performance including input to a revised cabinet circular.

Value Delivered
Advisian is assisting the NZ Infrastructure Commission to develop an evidence base on infrastructure needs across NZ, including the performance of current assets and networks. This is the first step in delivering a 30-year infrastructure strategy.  

 

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