The Queensland Budget 2022–23 includes a $59 billion investment in infrastructure over 4 years to 2025–26. The government plans to use the private sector to manage and deliver some of these projects. It is therefore crucial that entities manage risks through the life cycle of these projects to ensure successful delivery.
This can be achieved through the appropriate transfer of risk to another party to manage.
Audit Objective
This audit will examine how effectively public sector entities are identifying, managing, and transferring risks to infrastructure projects.
Who we might audit
- Department of State Development, Infrastructure, Local Government and Planning
- Department of Transport and Main Roads
- selected public sector entities.
Area of focus
Infrastructure investment
Parliamentary Committee
Housing, Big Build and Manufacturing Committee