Mandatory minimum requirements:
• The PPP Procurement Strategy must be approved by Cabinet as part of the Final Business Case and Final Investment Decision.
• PPPs are a type of financial arrangement under the GSF Act and require the NSW Treasurer's approval.
• The Chief Financial Officer (CFO) of the Responsible Agency must confirm accounting and budget positions and that the Financial Impact Statement (FIS) Table is complete and accurate for all Cabinet submissions.
• PPPs are usually Joint Financing Arrangements under the GSF Act and require the NSW Treasurer's approval.
• The Responsible Agency must consult with NSW Treasury before proposing to provide a discretionary GSF Act Guarantee.
• If the Responsible Agency becomes aware of a likely or proposed material contractual or commercial risk allocation change to an existing PPP during the delivery or operations phase, for example refinancing, NSW Treasury must be consulted prior to agreeing or negotiating such changes.