Investment

2011 High Performance Contestable Investment Process

High performance investment is the amount allocated by High Performance Sport NZ to a Contestable Sport to achieve its agreed performance outcomes. Contestable Sports are required to use their high performance investment solely for the purposes of achieving the agreed high performance outcomes.

Reviews of multi-year projects will be used to assess Contestable Sports’ performance towards agreed performance outcomes and review the level of HPSNZ’s high performance investment (including any service credits) for the following year.

Service credits are an amount allocated to some Contestable Sports (hockey, equestrian, winter performance programme, canoe racing, Paralympics and women’s football) for performance services previously supplied by the New Zealand Academy of Sport, now HPSNZ. For those sports, it is anticipated that service credit levels in 2012 will remain at 2011 levels and any additional performance services identified in plans will need to be purchased out of the sport’s contestable high performance investment. No new service credit allocations will be made.

The reviews provide some opportunity for Contestable Sports to identify resource gaps that have arisen in the previous year, and demonstrate a genuine performance need for additional support.

For the purpose of clarity, Contestable Sports should note that minimal additional investment will be available in 2012. Investment will be prioritised toward delivering 2012 outcomes. Additional investment will only be allocated where a sport can demonstrate a genuine resource gap.

Any new investment decisions will be made on 16 December 2011, so that payments can be made from 1 January 2012.

2011 High Performance Contestable Investment Process (DOCX, 178 Kb) will describe how to apply for high performance investment for new projects and how existing multi-year projects will be reviewed. 

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