6  Project Governance

This Policy is published by Infrastructure Australia, a Commonwealth entity, which has responsibility for maintaining and ensuring continuous improvement of the National PPP Policy and Guidelines (any substantive changes to the Policy and Guidelines will have to be approved by COAG). Infrastructure Australia has developed the Policy and Guidelines in conjunction with Commonwealth, State and Territory Government agencies and in consultation with key stakeholders in the private sector.

Each jurisdiction will have a Minister responsible for PPP policies and guidelines. Responsibility for the PPP Policy in each jurisdiction will, in most instances, reside with the Treasury or Finance portfolios. The role of the relevant PPP authority is to advise their respective Ministers on issues of PPP policy and to provide assistance and support to all departments, agencies and GBEs in their jurisdiction in the application of PPP policies.

Each PPP project will be the responsibility of the relevant Portfolio Minister, unless otherwise decided by government. Further information on an appropriate governance structure for the delivery of PPPs is contained in the National PPP Practitioners' Guide.

Governments in each jurisdiction will have their individual approval processes for capital investment projects. Specific approval processes for PPP projects in individual jurisdictions will need to be considered on an individual basis.