Source · Select Committees · Public Accounts Committee
Recommendation 27
27
The Government recently established new arrangements for how particularly risky, costly and complex projects (‘mega...
Conclusion
The Government recently established new arrangements for how particularly risky, costly and complex projects (‘mega projects’) would be managed.61 Mega projects are afforded increased scrutiny and autonomy. For example, decisions at key stages involve the Prime Minister, Chancellor and relevant Secretary of State, advised by a panel including HM Treasury, NISTA and Cabinet Office officials.62 Mega projects may also receive fixed capital funding, the freedom to determine pay when recruiting for specialist roles, and the ability to shift funding between years.63