A Development Contributions Plan (DCP) aka (Developer Contribution Plan) is a mechanism used to levy new development for contributions as allowed for under the Victorian Planning and Environment Act 1987.
A Development Contributions Plan specifies the type of infrastructure to be provided, shows calculations of cost and apportionment and allows Council to collect development contribution levies. Development contributions can be payments towards or works-in-kind for the provision of infrastructure. Work-in-kind include the building of infrastructure e.g. Traffic signals or drainage works. Approved DCP’s are included in the Planning Scheme and are implemented by applying a Development Contributions Plan Overlay and associated schedule to an area.