Regional Infrastructure Fund
The Regional Infrastructure Fund has been established to promote sustainable regional economic development, and promote environmental protection and enhancement that supports sustainable regional economic development in the Bay of Plenty.
Latest news - Applications have closed
Council received 19 applications from a wide range of private, public, iwi/hapu and community entities. All applications have been subjected to a thorough assessment process in accordance with Council's Infrastructure Funding Policy and Procedures (February 2012).
At its meeting on 24 April 2013, Council shortlisted its preferred applications to carry out further assessment before it makes its funding decision later in the year.
This will ensure there is sufficient time for a robust due dilligence process to be undertaken.
Given the commercial nature of elements of the applications and a commitment we have made to applicants to keeping the information provided to us confidential, we will not be making any formal announcement on which projects will be progressing or where they are located while we continue through our assessment process.
We have not made any funding commitment to any project at this time. This page will be updated as more information becomes available.
About the Fund
The Fund is designed to provide additional capital funding to assist with the development of major infrastructure projects in the Bay of Plenty region. It aims to help to accelerate infrastructure projects, improve the outcomes and quality of projects, or increase the scope of projects.
Council has set aside up to $38 million for external infrastructure projects, over the nine years between 1 July 2013 and 30 June 2022.
Please visit this webpage frequently throughout the funding process. We will regularly update it with the latest information. We will ensure that potential project partners have equal access to information. On this page you can download all the necessary documents and application forms. We will publish our answers on this page to important questions that arise during the process.
For any specific questions please email firstname.lastname@example.org
2012/13 Funding Round
This year Council will hold the first funding round. As the Regional Infrastructure Fund is a contestable fund, Council will use an assessment framework to evaluate and decide which projects to support through the Fund.
We opened the Fund with an Expressions of Interest process from 20 August through to 21 September 2012. The process provided us with information that we can use to guide potential project partners on matters such as eligibility.
Council has agreed to a set of key principles for potential project partners to consider before they begin writing their formal application. You can submit a formal application even if you have not submitted an expression of interest. Please see the Document Library at the bottom of this page for further information.
More information about the Fund can be downloaded from the document library below. Please make use of the additional advice and support that we are making available.
Indicative Timing for the 2012/13 Funding Round
It is Council's intention that following an application and evaluation process, successful projects will commence within the nine years from July 2013.
The table sets out the key stages through the application and evaluation process.
|20 August 2012||Expressions of Interest open|
|21 September||Expressions of Interest close|
|23 October||Expressions of Interest reported to full Council|
|7 November||Formal applications open|
|7 February 2013||Formal applications close|
|February-April||Evaluation of applications|
|April||Council shortlists projects|
|April onwards||Further assessment and due diligence|
|Later this year||Council makes its funding decision|
|Contract negotiation commences|
|Funding available when contracts agreed|
Note: The timeframes have changed. To ensure a robust assessment process is carried out through due diligence, we cannot give a definitive timeframe for when funding decisions will be made. We are aiming to have this next information gathering stage of the process completed in the next few months, however, this will be dependent on the amount of information sought and the steps required in the due diligence process.
|Formal Application Form Part A (MS 2010 version)||786KB||docx|
|Formal Application Form Part A (MS 2003 version)||896KB||doc|
|Formal Application Form Part B (MS 2010 version)||786KB||docx|
|Formal Application Form Part B (MS 2003 version)||875KB||doc|
|Formal Application Form Part C EXAMPLE (MS 2010 version)||22KB||xlsx|
|Formal Application Form Part C EXAMPLE (MS 2003 version)||36.5KB||xls|
|Presentation from briefing - 8 November 2012||1.48MB|
|Invitation for Application Briefing - 8 November 2012||203KB|
|Key Principles for the Formal Application Process||92KB|
|Infrastructure Funding Policy and Procedures 2 February 2012||266KB|
|Regional Infrastructure Fund Guidelines||600KB|
|Report to Council - Overview of EOIs received - 23 October 2012||459KB|
Frequently Asked Questions
|FAQs January 2013||128KB|
|FAQs Briefing Session - 20 August 2012||141KB|
|FAQs 1 - 14 September 2012||210KB|
|Formal applications briefing - 8 November 2012||274KB|