Where the TEI of the proposal exceeds the appropriate threshold for the NMU, a business case has to be submitted for the Minister's endorsement and Treasurer's approval. The business case will include a procurement options analysis that will identify a preferred delivery option i.e. a public sector solution versus a Partnerships Victoria solution. Where a Partnerships Victoria solution is supported and the capital expenditure is $50 million or greater over the proposed contract period, this streamlined process applies.
If the capital expenditure value is below $50 million then the NMU may elect to seek the assistance of DTF.
The Treasurer may seek the views of the Economic and Sustainable Development Committee of Cabinet for any one specific Partnerships Victoria project.