2. Our recommendations
We made 4 recommendations to address our findings. The relevant agencies have accepted the recommendations in full or in principle.
We made 4 recommendations to address our findings. The relevant agencies have accepted the recommendations in full or in principle.
Our review followed 2 lines of inquiry:
1. Does the Victorian Managed Insurance Authority (VMIA) effectively manage its responsibilities for domestic building insurance (DBI)?
2. Do relevant regulatory bodies ensure that builders obtain DBI?
To answer these questions, we examined:
We developed 8 major project case studies to give a more focused review to some selected projects.
The 10 major projects we reviewed in our 8 case studies are high cost (over $250 million TEI) or have shown significant cost or time changes during their lifecycle.
Covered in this section: