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The Development of a Transport ‘Portfolio Investment’ Approach

Details

Tender Closed
RFx ID : 20550270
Tender Name : The Development of a Transport ‘Portfolio Investment’ Approach
Reference # :
Open Date : Tuesday, 18 December 2018 5:30 PM (Pacific/Auckland UTC+13:00)
Close Date : Friday, 1 February 2019 5:00 PM (Pacific/Auckland UTC+13:00)
Tender Type : Request for Proposals (RFP)
Tender Coverage : Sole Agency  [?]
Categories :
  • 81112000 - Data services
  • 81121500 - Economic analysis
  • 81121600 - Monetary systems and issues
  • 81131500 - Methodology and analysis
Regions:
  • Wellington
Exemption Reason : None
Required Pre-qualifications : None
Contact : Matthew Skinner
m.skinner@transport.govt.nz
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Overview

The Ministry of Transport has a lead role in shaping New Zealand’s transport system. We want to up our game at the way we help the transport system to plan long term, so it can meet its multiple long-term challenges with a stable policy environment and effective long-term signals.

We are seeking a design and implementation partner to help introduce a portfolio-type approach to lead, guide and assess transport investment choices. We see this as being about embedding the right systems, disciplines and practices into the way we work – which involves the mixing of policy and investment disciplines.

The right approach will help us to create transparency in medium and long term transport choices. It will help us to work with an uncertain future and identify the options and logic for investment. To do this we need to be able to bring together different types of evidence (from data-based modelling to long-range strategic policy thinking), in a way that is repeatable.

This is about system level choices, and we will involve key partners with transport system decision-making responsibilities who create, hold and use key information. This includes the transport Crown entities and local government.

We are looking for something that is based on standardised methodologies (like P3M3) but works for us in our operating environment. We are interested in innovation where that’s needed to make things work.

The key outcome for us is our ability to give advice on how to navigate our transport system’s challenges that will shape it over the next 5–50 years. The output of this work will help us to answer a range of key questions, but we are deliberately being unprescriptive in the way that will be achieved to allow the successful candidate to apply their creativity in helping us tackle this problem.