10151 (2024). Hon Kieran McAnulty to the Minister of Local Government

Written Question

Published date: 20 May 2024

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	10151 (2024)
Question asked:	06 May 2024
Member asking:	Hon Kieran McAnulty
Portfolio:	Minister of Local Government
Minister replying:	Hon Simeon Brown
Answer received:	15 May 2024
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_10151_2024
Document guid:	75cf719a-8714-41df-9e2f-bb0895d0d46b

10151 (2024). Hon Kieran McAnulty to the Minister of Local Government: How much is the Local Water Done Well deal with Watercare projected to cost?

Hon Simeon Brown: There are no anticipated ongoing costs expected for the Crown. As part of the process of developing the Watercare model, it was tested by international credit ratings agency S&P Global Ratings. This cost was shared between Auckland Council and the Crown. The total cost of the S&P Global Ratings Evaluation Service process was $350,000, significantly less than the $1.2bn spent by the last government on its failed three waters programme.