The NSW Government has endorsed a single set of project size/risk thresholds for the submission of business cases and Gateway Review irrespective of asset class. As a result, the threshold for ICT projects has been increased.
Following this circular, agencies must submit a Preliminary Business Case to Treasury for all projects valued at more than $10 million. Final nusiness cases must be submitted for all projects valued at more than $1 million. Gateway Review reports are required for projects over $1 million in value.
Previously, a business case was required for all ICT projects where the value exceeded $500,000.
NSW Treasury Circular TC08/07 (29 May 2008)
Revised Project Size/Risk Thresholds for the Submission of Business Cases and Gateway Reports