Appendix 3: Application of HVHR Project Assurance Framework HVHR Project Assurance Framework Market-led Proposals Gateway review Government Guideline process* decision Stage one – Preliminary assessment of proposals Stage two Due HVHR classification· Seek Government – diligence and strategic approval of strategic At the end of Stage 2, DTF will advise the assessment assessment including Government whether the proposal should be HVHR classification classified as HVHR. and the Project Assurance Plan. Government proceeds Business case approval Project tendering Gate 1 Concept Stage three Seek Government – – Procurement DTF will apply elements Consistent with the and Feasibility approval of preparation of a Business Case HVHR framework, DTF procurement Deliverability Assessment will assess and seek approach and funding including assessment of Treasurer approval of availability including Government proceeds ability to deliver on relevant procurement HVHR elements and budget, on time and documentation, the any red flags arising Gate 2 Business – achieve stated benefits, preferred bid and from Gateway Case risk management contracts prior to Reviews. approach, project finalisation. Gate 3 Readiness – management strategies for market as well as procurement approach and Stage four Exclusive Gate 4 Tender Seek Government – documentation. – negotiations or limited decision approval of final competitive process binding offer, funding requirement and contract including any red flags arising from Gateway Reviews. Government proceeds Stage five Contract Project implementation· Gate 5 Readiness Seek Government – – award for service approval for any DTF will monitor projects material contract and report to Government variations. consistent with existing quarterly reporting processes.· DTF will seek Treasurer approval prior to any material contract variations consistent with the HVHR Framework. Gate 6 Benefits – realisation * The application of the Gateway review process to market-led proposals will be tailored and gates combined as appropriate.
Appendix 3: Application of HVHR Project Assurance Framework Market-led Proposals Guideline HVHR Project Assurance Framework Gateway review process* Government decision Stage one – Preliminary assessment of proposals Stage two – Due diligence and strategic assessment HVHR classification· At the end of Stage 2, DTF will advise the Government whether the proposal should be classified as HVHR. Seek Government approval of strategic assessment including HVHR classification and the Project Assurance Plan. Government proceeds Stage three – Procurement preparation Business case approval DTF will apply elements of a Business Case Deliverability Assessment including assessment of ability to deliver on budget, on time and achieve stated benefits, risk management approach, project management strategies as well as procurement approach and documentation. Project tendering Consistent with the HVHR framework, DTF will assess and seek Treasurer approval of relevant procurement documentation, the preferred bid and contracts prior to finalisation. Gate 1 – Concept and Feasibility Seek Government approval of procurement approach and funding availability including HVHR elements and any red flags arising from Gateway Reviews. Government proceeds Gate 2 – Business Case Gate 3 – Readiness for market Stage four – Exclusive negotiations or limited competitive process Gate 4 – Tender decision Seek Government approval of final binding offer, funding requirement and contract including any red flags arising from Gateway Reviews. Government proceeds Stage five – Contract award Project implementation· DTF will monitor projects and report to Government consistent with existing quarterly reporting processes.· DTF will seek Treasurer approval prior to any material contract variations consistent with the HVHR Framework. Gate 5 – Readiness for service Seek Government approval for any material contract variations. Gate 6 – Benefits realisation * The application of the Gateway review process to market-led proposals will be tailored and gates combined as appropriate.