Documents Library

TPG25-05 Guidance on security for construction projects

The NSW Government continues to focus on the risk management over a project’s lifecycle. Security guidance is one of the tools which the government can use to ensure security is commensurate with each project financial and performance related risks and ensure a consistent approach across the NSW Government.

This paper provides guidance on:

• the key types of security that are available
• how to optimise the Security Package
• alternatives and additions to security
• how to determine the appropriate type of security to obtain from the Contractor
• how and when to assess the adequacy of security for large-scale infrastructure projects.

TD24-12 Charter of Independence for NSW integrity agencies

The object of this Direction is to safeguard the independence of the integrity agencies when
engaging with The Cabinet Office, Premier’s Department and Treasury concerning their financial
arrangements and management practices.

TPG24-16: Agency guidelines for the 2023-24 mandatory annual returns to Treasury for NSW public sector agencies that are not included in TD21-02

This NSW Treasury Policy and Guidelines (TPG) adopts and incorporates the TD21-03 Submission of Annual GSF Financial Statements for NSW public sector agencies that are not included in TD21-02, including the defined terms which also apply to this TPG. This TPG provides additional guidelines to Agencies relating to Annual Returns to be submitted to Treasury.

TPG23-14: Agency guidelines for the 2022-23 mandatory annual returns to Treasury for NSW public sector agencies that are not included in TD21-02

Replaced by TPG24-16. 

Agencies are required to submit financial statements for the year ended 30 June 2023.

This Treasury Policy and Guidelines applies to NSW public sector agencies (listed in Appendix A) that are not included in TD21-02.

Faster Payment Terms Review

In December 2018, the NSW Government introduced the Faster Payment Terms (FPT) policy to help see registered business suppliers’ invoices1paid by in-scope departments within 20 calendar days. In January 2020, the NSW Government shortened payment times for registered small business suppliers to five business days. This commitment applies to undisputed and correctly rendered invoices up to $1 million.

TD23-01 Exemption from paying certain unclaimed money into the Consolidated Fund

This Direction exempts certain GSF agencies from section 4.14(1) of the Government Sector Finance Act 2018, paying certain unclaimed money into the Consolidated Fund.

TD23-01 only applies to LAHC (NSW Land and Housing Corporation)

TC22-14 Commonwealth - NSW Funding Agreements

This Treasury Circular provides information for NSW Ministers and agencies on processes for negotiating and approval to enter into new or extended funding agreements with the Commonwealth. This Circular replaces the former Premiers Memorandum M2011-19 NSW Protocol for the Intergovernmental Agreement on Federal Financial Relations.

General Approval for Derivatives

This is a general approval issued by the Treasurer, pursuant to section 6.23(1) of the Government Sector Finance Act 2018. This provides the legislative approval for all GSF agencies to enter into derivative arrangements with NSW Treasury Corporation to manage their financial risks, balance sheets or funds.

TC21-05 Funding Arrangements for Long Service Leave

General Government Financial Statement - 30 November 2020