Recommendation
39. Ensure more efficient use of infrastructure funds by improving project cost management, including:
- establishing clear standards for setting project delivery time frames and cashflows at a program level that account for public and private sector capability and capacity
- replacing the current, individual project-based contingency management with a whole of government (or whole of state agency or government trading enterprise) based contingency management approach.
WA Government response
The WA Government responded to Foundation for a stronger tomorrow in February 2023. Recommendation 39 is partially supported. For further information please refer to the response document.
Current Implementation Progress
The Government Response notes that existing approaches, such as continually working to manage project costs to ensure value for money outcomes, address this recommendation and has marked it as complete.