5.2  Contract Summary

In addition to the above disclosure requirements, the agency must ensure that a contract summary is made available to the Auditor-General for audit within 30 days of the contract becoming effective (that is, within 30 days after all conditions precedent to the contract have been satisfied) .

Within 90 days of receipt by the Auditor-General, the audited contract summary must be tabled in Parliament by the responsible Minister. In the case where Parliament is not sitting, the Clerk of the Legislative Assembly should receive the contract summary within 90 days of it being received by the Auditor-General with a view to it being tabled the first day that Parliament is next sitting.

After the summary has been tabled, the agency must advertise the availability of the contract summary in the Public Notices. Contract Summaries will also be placed on the Working With Government Website at www.treasury.nsw.gov.au/wwg.

The contract summary must distinguish between the Background to the Project which includes non-contractual information, and Elements of the Contract which summarises the contractual information. The summary must contain the following information:

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