Land Information New Zealand (LINZ) has received ministerial approval to proceed with the first tranche of four in its $128 million rebuild of New Zealand's land titles and information system Landonline.
Last October, cabinet approved the overall program business case for rebuilding Landonline in four tranches over five years.
Each tranche requires a single stage business case (SSBC) be approved, so funding can be drawn down.
Tranche one is expected to cost $33.39 million and run from April this year to May 2020. However, a $10.8 million contingency fund is also sought in case things don't go to plan.
"Flexible access to Crown capital contingency funding will not alter LINZ’s commitment to provide capital reserves for the program, only the timing of when the reserves are applied," LINZ said in its briefing to responsible ministers.
LINZ said its approach will be to start small, deliver early benefits to customers and the public, and develop strong capability to ensure LINZ is ready for subsequent stages, said Aaron Jordan, deputy chief executive of property system infrastructure.
“Technical proofs of concepts also developed in this tranche will test ideas and their feasibility for future tranches," he said. “Tranche one will deliver service improvements, including improved real-time accessibility to property information, time reductions, and increased efficiency in property transactions."
The tranche should deliver new web search functionality and the ability for registered customers and the public to search for and purchase products (such as records of title and survey plans) more efficiently, from their device of choice.
Territorial authorities should be automatically notified when a title has been transferred and banks and lenders when a mortgage is registered.
An application programming interface (API) will also be delivered which will enable others to connect their websites and software directly to Landonline to search and purchase products.
The business case approved by the ministers of land information (Eugenie Sage), finance (Grant Robertson) and government digital services (Megan Woods).
The stage one improvements are expected to deliver an estimated $90 million in monetised benefits over the 12 year life of the programme, a briefing to the ministers said.
"These will be in the form of much improved real-time accessibility to property information, and reductions in time and cost involved in property transactions."
Key risks in tranche one include program governance arrangements; recruitment, training and retention of staff and contractor resources; adoption of the “Agile” delivery methodology; and benefit delivery.
Risk management and assurance plans have been agreed with the government chief digital officer.