Service and capital planning issues

These guidelines relate to a method of sourcing funds and, in the case of borrowings for capital, does not alter the requirements in relation to demonstrating need for the investment, or the DHS processes of determining the priority of projects. The policy does not override any existing policies or procedures in relation capital investments. Any capital project to be funded by borrowings still needs to be consistent with DHS and Government asset investment priorities and policies.

Before seeking funding approval, agencies planning to undertake capital investment must obtain support from the regional and central office to confirm that the investment proposal is consistent with agreed service plans and capital priorities and provide evidence of this support in the business case.

For more information on Government policy in planning and executing major capital projects visit the Department of Treasury and Finance web site at www.dtf.vic.gov.au/gateway or refer to the following:

• Capital Development Guidelines - policies and procedures