Public risk financing service agreement: detailed business case

This service agreement supports the delivery of the Public Infrastructure Risk Management Scheme (PIRMS) Detailed Business Case (DBC) by NHC and the Treasury. The PIRMS is intended to help the Crown understand its exposure to potential losses so it can choose the most cost-effective mix of insurance, self-insurance, and investment in resilient assets, enabling more efficient preparedness for and responses to shocks. Development of the DBC was funded through Budget 2026.