In addition to the regular reporting to senior management that ties in with the private party's performance reporting and payment cycles, the contract director should also report to senior management at longer intervals (typically annually) on a range of matters, which may include the following:
• strategic performance of the project and realisation of the expected project benefits;
• the private party's cash flows and financial position;
• the private party's management of transferred risks;
• the private party and/or key subcontractors' organisational structure, and the quality of their management and operating personnel; and
• the Government's relationship with the private party.
Information to assist contract directors in considering how to monitor and report on these issues is set out below. Template H contains a template for developing reports to senior management in respect of these issues.