Documents Library

TC16-11 Mandatory principal arranged insurance (PAI) for all major capital works projects

This Circular requires all agencies, other than SOCs, to undertake Principal Arranged Insurance (PAI) through icare (on behalf of SICorp) for all government capital works projects estimated to cost $10 million or more. SOCs must demonstrate they can acquire PAI at a price more competitive than the price offered by icare. Agencies, including SOCs, are able to decide whether or not to insure for projects under $10 million. However if they decide to insure projects under $10 million, PAI must be organised through icare.

TC16-09 Infrastructure Investor Assurance Framework (IIAF)

The IIAF was endorsed by the Standing Cabinet Committee on Infrastructure on 30 June 2016. Relevant infrastructure delivery agencies are required to adhere to the protocols as outlined in the IIAF policy document as administered by Infrastructure NSW.

TC16-05 Commencement of Legal Proceedings for Recovering Debts

Where debt recovery procedures do not result in settlement of a debt, or where write off action is not commenced, officers of an authority and accounting officers1 must seek appropriate legal representation to commence legal proceedings in relation to recovery of debts. The debt does not need to be referred to the Crown Solicitor unless it is appropriate to do so, or otherwise required.

TC15-19 Providing electronic copies of annual reports to Parliament

Annual Reporting Regulations require each Public Sector agency to submit an electronic copy of its annual report to Parliament. This Circular provides information on the format of the electronic copy and submission details.

TC15-18 Small agency annual reporting

This Circular defines a small Department and small Statutory Body for the purposes of the Annual Reports legislation. Agencies that meet this definition may disclose certain matters in their annual report on a triennial basis.

TC15-16 Managing Public Private Partnership (PPP) Contracts

This document is superseded by TPG22-21

Agencies and Public Trading Enterprises (PTEs) are to consult with the Infrastructure and Structured Finance Unit (ISFU) in Treasury prior to negotiating or agreeing material contractual or commercial changes to existing PPP Projects, consistent with the NSW PPP Guidelines. This includes early consultation on likely material performance issues before they trigger formal notification and/or time limited arrangements under the PPP contract.

TC15-08 Agency Carry Forwards

This circular has been superseded by TPG22-05 - Carry Forwards Policy

TC15-07 Financial and Annual Reporting requirements arising from personnel service arrangements

This Circular outlines financial and annual reporting requirements arising from personnel service arrangements. The Circular applies to all entities required to prepare general purpose financial statements under the Public Finance and Audit Act 1983.

TC15-05 Financial reporting requirements for NSW Government entities including those affected by restructures

This circular explains the reporting entity concept, control principles and reporting requirements for NSW Public Sector entities and advises the effect of Government restructures on reporting. It applies to all departments, statutory bodies and the entities they control. This Circular withdraws and replaces the previous version (NSW TC 11/18).

TC15-01 Cash Management _ Expanding the Scope of the Treasury Banking System

This has been superseded by TD22-30.

The Expenditure Review Committee of Cabinet has determined that public sector agencies (excluding State Owned Corporations and authorities specifically approved by the Treasurer) must operate as part of the Treasury Banking System. This decision will take effect from 1 April 2015 and will apply to all agency cash deposits held ‘at call’.