Reports and Papers
Financial Management Reform
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Guidelines, Instructions and Legislation
The effective and efficient management of general government sector infrastructure investment is fundamental in an environment where there are competing demands for Government resources.
The SIIRP will facilitate infrastructure investment decision making by requiring agencies to rigorously evaluate project proposals for infrastructure investment at the earliest stages and review the project proposal throughout the development of the infrastructure.
The SIIRP involves a staged review and assessment process for General Government Sector infrastructure investment proposals.
Infrastructure investment proposals will be subject to a series of decision points prior to being considered for funding and will be required to meet reporting requirements during the development and following the completion of the project.
At each of the points an assessment is made as to whether the project should proceed to the next stage or be required to undertake further work for assessment, or be abandoned.
There are six decision/reporting points:
Figure 1: Structured Infrastructure Investment Review Process
Project proposal submissions for Point 1, 2 and 3 are invited from General Government Sector entities only.
Project proposal submissions for Point 1, 2 and 3 of the SIIRP must be provided to Treasury by Friday, 26 July 2013.
The guidelines provide further information on the SIIRP and detailed instructions about completing the submission.
Point 1, 2 and 3 Guidelines are available below.
Point 1 – Investment Concept Outline
Point 2 – Strategic Assessment and Options Analysis
Point 3 – Business Case - Guidelines.
If you have any queries in relation to this matter, please contact Danielle Harris on (03) 6166 4126 or Danielle.Harris@treasury.tas.gov.au.