Department of Treasury and Finance

 
You have been sent this newsletter because you are registered on a Gateway Unit Database. This newsletter aims to keep you up to date with all things Gateway - what's new, what's coming up and any other topics of interest.

Gateway compulsory for HV/HR projects 

In December 2010, the new Budget and Expenditure Review Committee (BERC) approved a set of new infrastructure control processes which will be progressively phased in over the next 12 months.

 

BERC has mandated that Gateway Reviews are now compulsory for all new high value (>$100m) and/or high risk projects ("HV/HR projects").  

 

There are some changes to the Gateway Review Process that are set to be fully implemented for the 2012-13 budget process. The changes are:


1.HV/HR projects will be required to have developed a preliminary business case and completed a Gate 1 review prior to a BERC filtering process.  


 
2.All proposals that 'pass' through the BERC filtering process will proceed to develop a business case, and for HV/HR projects a Gate 2 review is mandatory prior to a full business case being submitted to BERC. 

 

The new BERC process implements the Government's election commitment introducing more rigorous central oversight to ensure best value options are selected for HV/HR projects and that the most efficient and appropriate procurement and governance models are used.  
 

The Gateway Unit looks forward to working with you to implement these new changes.  
 

Please contact Marc Bradley 96512507 for further information.

 

IMS Edition 4 released

Edition 4 of the Victorian Government's Investment Management Standard has been released. To view the standard please go to: 

www.dtf.vic.gov.au/investmentmanagement

  

A major restructure has been necessary so the discipline of the investment management practices can continue to evolve into the future.  


It is now also being used to improve the effectiveness of an organisation and is being used across Australia and New Zealand.  No longer can we expect to talk face-to-face with those using it to help them understand how best to apply the practices.
           
IMS edition 4 exploits web technologies.  In doing so we have tried to create a structure that will allow the practices to evolve naturally as we learn and share our knowledge.

The result is the new website.  We hope this will provide practical support to a broad spectrum of people involved in such things as:


o    developing new policy
o    prioritising competing investments
o    evaluating programs of investment
o    developing business cases, and
o    re-focussing an organisation.


 

 

 


 


 

Thanks,

 

 

RTL / SRO Forum 2011 

We are planning a combined forum in March 2011 for RTLs and SROs to discuss the impact of the new BERC changes on the Gateway process.


 

If you are interested in attending please let us know: 

 

gatweway.helpdesk@dtf.vic.gov.au

0396512154

 
Quick Links


 

 

Contacts

Nick Pelham

Head of Gateway 

03 9651 5226

nick.pelham@dtf.vic.gov.au

 

Marc Bradley

Manager Gateway Operations 

0396512507 

marc.bradley@dtf.vic.gov.au

  

Darren Pietrzak

Senior Analyst 

03 9651 2353

darren.pietrzak@dtf.vic.gov.au

 

Ves Nikolovska

Contracts Officer 

03 9651 2154

ves.nikolovska@dtf.vic.gov.au

  
Cameron Murdoch
Analyst - Data & Reporting

Rojelio Rojas

Capital Asset Reporting
03 9651 5928

Terry Wright

Strategist

03 9651 1182

terry.wright@dtf.vic.gov.au


 

Greg Gough

Senior Analyst 

03 9651 1880

greg.gough@dtf.vic.gov.au


 

Eldar Salkovic

Analyst

03 9651 5255

eldar.salkovic@dtf.vic.gov.au









IMS Innovation Award


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IMS Innovation Award