The Gateway Review Process (Gateway) applies to new projects, undertaken by FMA Act agencies, which require Cabinet approval and which satisfy certain financial and risk thresholds.31 Gateway is a project assurance methodology that involves a series of brief, independent reviews at critical stages in the development and implementation of a project. At key decision points (referred to as Gates) a Gateway Review focuses on the issues that are important to the project at that stage of the project's life. Each review provides high-level, action-oriented recommendations. The development and management of contracts within projects may be subject to review under this process. For example, Gate 5 reviews whether the project delivers value for money as identified in the business case. Elements of this review may include consideration of the management of any contracts entered into as part of the project.
__________________________________________________________________________________
31 The financial threshold is met where a project has an ICT component valued at $10 million and above; or an infrastructure or procurement component valued at $20 million and above. The risk threshold is High Risk as determined using the Gateway Assessment Tool. Further details are contained in: Guidance on the Gateway Review Process - A Project Assurance Methodology for the Australian Government, August 2006 and Gateway Review Process - A Handbook for Conducting Gateway Reviews, August 2006, and can be accessed from the Department of Finance and Deregulation website, <http://www.finance.gov.au>.