In late October 2024, LGFA wrote to the Mayors and CEOs of councils to outline our involvement in the Local Water Done Well (“LWDW”) work programme and to suggest some considerations when developing options for their Water Services Delivery Plans (“WSDP”).
Over the past two months, LGFA has engaged with councils, their advisers, the Department of Internal Affairs (“DIA”), Crown Infrastructure Partners, and Water New Zealand to further develop our thinking as to how LGFA can support councils.
Following the introduction of the third piece of legislation in December, LGFA have provided the following document to assist councils regarding our requirements (lending, financial covenants, reporting), loan pricing guidance, implementation considerations and views on best practice.
