Appendix 2: Application requirements for the Shovel-Ready Programme

Information sought from project applicants for the Shovel-Ready Programme included:

• a project description;
• costs, including a high-level breakdown of spending types;
• the value the project would deliver in terms of employment contribution;
• how the project was to be funded;
• whether the project had previously applied for funding from any part of the government;
• the project's construction readiness;
• a timetable and key milestones;
• social, economic, and/or environmental benefits to the local region and New Zealand, and overall value for money;
• the expected contribution to local/national employment;
• project risks, including a low/med/high rating;
• the likelihood and timing of the project to go ahead once the Covid-19 Response Level was suitable for construction to begin;
• best estimate of the (financial/social/environmental) impact that the Covid-19 pandemic would have on the project and on local industry associated with the project;
• whether the project had already benefited from, or was likely to benefit from, already announced government-led financial support for businesses (such as the wage subsidy scheme/business finance guarantee scheme); and
• the top two to three things that the Government could do to help progress the project, including consideration of both financial and non-financial levers, such as lowering regulatory barriers, adjusting government procurement practices, or fast-tracking resource consent processes.