Reporting and monitoring are essential to accountability, and to effective risk and cost management.
Line ministries (with the assistance of public-sector partners) will be required to report annually on the progress of major infrastructure investments under their responsibility or oversight through the government's capital planning process.
Figure 5.1 below highlights and describes reporting requirements that should be addressed, consistent with the parameters set out in the capital planning process, by line ministries and public-sector partners in reporting on the progress of major infrastructure investments.
Figure 5.1-Reporting Requirements
Reporting Requirement | Description |
Scope | • Describe the investment and its development within parameters of approved scope • Update existing or potential risk(s) and actual or proposed mitigation plans |
Schedule and Financial | • Investment's start and forecast completion date • Cumulative spending for most recent fiscal year and spending to date • Actual costs versus forecasted costs and reasons for any material variance |
Public and Stakeholder Consultation | • Status report on public and stakeholder consultations and timing and • Report should highlight any material concerns expressed by the public |
Other Critical Business-Case Elements | • PIR may direct the line ministry to report on progress of specific business-case elements |
PIR will compile an Ontario Infrastructure Investment Report to be made public on an annual basis on PIR's Web site. Commercially sensitive information contained in the post-implementation reviews will be protected. Regular annual reporting on where and how infrastructure investments are being made will ensure a level of transparency and accountability that will increase public and stakeholder confidence in the renewal of Ontario's public infrastructure assets.