Contractors work on the site of the new Dunedin hospital yesterday. PHOTO: PETER MCINTOSHA new contract-sharing arrangement between the government and Australian construction giant CPB for the new Dunedin hospital had boffins at the Treasury worried about the risks. Treasury also suggested the then-newly appointed Crown manager for the new Dunedin hospital project would help lead to more "responsive project management". Prof Gauld said it was crucial Treasury still viewed the new Dunedin hospital as a "high-profile, high-risk" project that required monthly monitoring. Meanwhile, the "shared risk" model probably amounted to more cash needed for contingencies by the government, and "some more flexibility on behalf of the contractor".

Source: Otago Daily Times February 24, 2026 15:36 UTC