Minister for Capital Metro Simon Corbell has welcomed the release of the auditor general’s performance report into the initiation of the light rail project between Gungahlin and the City.
The report found that Capital Metro Agency’s “governance, administrative and project management framework is sound and generally accords with better practice”.
It further stated that preparations to date had positioned the Capital Metro Agency to be able to “meet the challenges of implementing light rail in the ACT”.
“This report shows that this crucial project for Canberra is being delivered in a thorough, professional and transparent manner that is best practice and positions the project for success,” Corbell said.
“It is important to note that as contracts have been signed and financial close has now been reached that the final cost for stage one of light rail is now known and is lower than estimated in the full business case.”