This Appendix incorporates the requirements of Treasury Circular TC15-16 which will no longer apply from the date of these Guidelines, and clarifies when and under what circumstances NSW Treasury must be consulted regarding likely or proposed commercial or contractual changes to PPP projects.
In accordance with section 7.4 of these Guidelines, Responsible Agencies and Public non-financial corporations (PNFCs) are to consult with NSW Treasury prior to negotiating or agreeing proposed contractual or commercial changes to existing PPP Projects. This includes early consultation on likely material performance issues before they trigger formal notification and/or time-limited arrangements under the PPP contract.