Following financial close, the government project team must complete the project agreements summary. The purpose of the project agreements summary is to enhance the transparency and accountability of the procurement process.
Disclosure must take into account both the sensitivity of the details contained in individual contracts and the impact that disclosure will have on longer term willingness of private sector businesses to deal with the public sector.
The project agreements summary will include key elements of contracts but will exclude commercial-in-confidence matters. The summary will be prepared by the agency and, if considered appropriate, signed off by the Auditor-General as a fair reflection of the project agreements and tabled in Parliament.
Additional information on disclosure, ongoing reporting and post-implementation audit is contained within the probity and process governance supporting document.