Source · Select Committees · Public Accounts Committee
Recommendation 21
21
NISTA and public institutions created to boost contract management and project delivery skills.
Conclusion
The Treasury told us that the formation of NISTA, which brought together the strategy of the National Infrastructure Commission and the delivery of the IPA, brings increased focus on contract management.47 In addition, it told us that public financial institutions, such as the National Wealth Fund, will be responsible for large financial transaction projects on the basis that they have the skills to “do them properly”.48 Risk allocation
Government Response
A response document is linked to this report, dated 15 October 2025. Response attribution to this conclusion has not been verified. Read the response document ↗