6. Project governance and delivery
SRL East is the state's largest, most expensive and most complex infrastructure project to date and needs strong governance, oversight and delivery arrangements.
After early issues and frustrations, SRLA has improved how it works with the government and central agencies, DPC and DTF.
SRLA has a clear commercial strategy and has set up extensive governance and oversight arrangements. While it is working to lower its owner’s costs, this could reduce its ability to oversee contractors and identify emerging risks.
5. Statutory planning processes are being delivered in line with project objectives
The draft planning controls proposed for the SRL East precincts should allow a level of redevelopment consistent with supporting the uplifts in population, households and employment needed to deliver the benefits asserted in the SRL Business and Investment Case. However, there are a range of factors that may constrain this development, including structural barriers to lot amalgamation and challenging market conditions in Victoria.
