Cost Control Framework
The Cost Control Framework (the Framework) replaces the Contingency Management Guidelines. The Framework applies to all projects and programs registered under the Infrastructure Investor Assurance Framework (IIAF), excluding State Owned Corporation projects subject to the IIAF and grants programs. It provides:
- a consistent approach to cost control and risk management across the state infrastructure capital works program;
- delivery agencies with the flexibility to manage the delivery of their capital works portfolios within the overall funding approval, and
- central clusters with transparency over how clusters apply this Framework across the infrastructure program.
View the Cost Control Framework here.