Explains who an agency must consult with and what guidance it must follow, if considering an infrastructure procurement with a total cost of ownership exceeding $50 million.
- Agencies considering the procurement of infrastructure with a (total cost of ownership of more than $50 million) must:
- consult with Treasury’s Infrastructure Commission early in the development of the project’s business case
- follow relevant published Infrastructure Commission guidance
- involve the Infrastructure Commission in the assessment of the project’s business case and advice to Ministers
- invite the Infrastructure Commission to participate in relevant project steering and working groups, and in the selection panels for all key advisor appointments in relation to the project, and
- use any standard form documentation developed by the Infrastructure Commission as the basis for any infrastructure contract, and consult with the Infrastructure Commission over any material proposed modifications.
‘Infrastructure’ means fixed, long-lived structures that facilitate economic performance and well-being. Infrastructure includes buildings and physical networks, principally: transport, water, social assets and digital infrastructure such as mobile and broadband infrastructure, however funded.