PIR is the central agency responsible for ensuring co-ordinated and integrated strategic infrastructure planning and allocations, linking policy and capital and operating financial decision-making.
PIR will be the repository of the government's expertise in the area of infrastructure financing, capital procurement, initiative management, related financial analysis and asset management.
PIR will act on the government's commitment to:
• improve and renew Ontario's aging infrastructure;
• deliver government priorities;
• improve the infrastructure planning process for government ministries, resulting in clear choices about strategic infrastructure investments;
• establish new opportunities to improve, change and transform the delivery of public services through creative and innovative infrastructure investments; and
• create new financing solutions.
PIR will be responsible for providing central agency oversight, evaluation and recommendations with respect to financing and procurement proposals for major and minor infrastructure investment initiatives.
For major investments, PIR will be responsible for the evaluation of financing and procurement models, overseeing project implementation, management responsibilities, and progress/status reporting consistent with the Infrastructure Planning, Financing and Procurement Framework.
PIR will also be responsible for ensuring that infrastructure investment is consistent with developing and implementing the government's growth management strategy.