Mandatory minimum requirements:
• Responsible Agencies must comply with the requirements of Appendix 5 when administering PPP contracts from contract close.
• Responsible Agencies must consult with NSW Treasury prior to negotiating or agreeing proposed contractual or commercial changes to existing PPP projects.
• Responsible Agencies must consult and seek advice from NSW Treasury on any proposed PPP refinancing, even where formal consent is not required.
The National PPP Guidelines: Volume 2 Practitioners Guide, Chapter 7 and Appendix H provide useful Guidance on contract management during the delivery (i.e. construction phase) and operations stages.
After contract execution, delivery and ongoing contract management of the project during the delivery stage will usually be transferred to a delivery Project Director and an implementation Project Team supported by specialist technical, financial/commercial, and legal advisers, overseen by a Project Steering Committee.
During the operations stage, the project will generally be managed by a representative of the Responsible Agency.
Project assurance requirements continue to apply after contract execution, consistent with the IIAF, including Gateway Reviews.