Value and insurance cover for state highway network

Mike Patrick made this Official Information request to New Zealand Transport Agency

The request was successful.

From: Mike Patrick

Dear New Zealand Transport Agency,
Can you please tell me the current value of the Agency's biggest asset the state highway network, that the Agency owns and administers and the basis for the valuation, I..e whether it is current market value, replacement value, depreciated value and any other information relevant to the valuation.

Can you also please tell we what the level of insurance cover the Agency has for the state highway network. As we have seen recently the assets that the Agency owns are affected by weather and natural events, and I want to know how much insurance cover the Agency has in place to cover these risks. I would also like the insurance cover split down into replacement cover, business interruption, public liability and any other sorts of insurance that the Agency has in place.

Yours faithfully,

Mike Patrick

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From: Official Correspondence
New Zealand Transport Agency

Dear Mike

This email acknowledges your below request for information made under the Official Information Act 1982.

Your request has been forwarded to the appropriate section of the Transport Agency for response. They will contact you if they require clarification of your request, more time to respond, or if your request has been transferred to another organisation to respond to. Unless more time is required, the Transport Agency will send a response to you within 20 working days of receiving your request – in this instance on or before 2 November 2017.

If you would like to discuss your request with the Transport Agency, please contact us by email at [email address].

Regards
_________ _____________________________________________

Ministerial Services
Governance, Stakeholders and Communications
50 Victoria Street, Private Bag 6995, Wellington 6141, New Zealand
_________ _____________________________________________

-----Original Message-----
From: Mike Patrick [mailto:[FOI #6635 email]]
Sent: Wednesday, 4 October 2017 11:54 a.m.
To: Official Correspondence
Subject: Official Information request - Value and insurance cover for state highway network

Dear New Zealand Transport Agency,
Can you please tell me the current value of the Agency's biggest asset the state highway network, that the Agency owns and administers and the basis for the valuation, I..e whether it is current market value, replacement value, depreciated value and any other information relevant to the valuation.

Can you also please tell we what the level of insurance cover the Agency has for the state highway network. As we have seen recently the assets that the Agency owns are affected by weather and natural events, and I want to know how much insurance cover the Agency has in place to cover these risks. I would also like the insurance cover split down into replacement cover, business interruption, public liability and any other sorts of insurance that the Agency has in place.

Yours faithfully,

Mike Patrick

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From: Official Correspondence
New Zealand Transport Agency


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Dear Mike

 

Please find attached the response to your request of 4 October 2017 for
information under the Official Information Act 1982.

 

Regards

 

_________  _____________________________________________   

 

Ministerial Services

Governance, Stakeholders and Communications

50 Victoria Street, Private Bag 6995, Wellington 6141, New Zealand 

_________  _____________________________________________   

 

[1]cid:image001.jpg@01CF322A.4C836B10            
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Find the latest transport news, information, and advice on our website:

[5]www.nzta.govt.nz

--------------------------------------------------------------------------

This email is only intended to be read by the named recipient.  It may
contain information which is confidential, proprietary or the subject of
legal privilege.  If you are not the intended recipient you must delete
this email and may not use any information contained in it.  Legal
privilege is not waived because you have read this email.

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