Adelaide Oval redevelopment for the designated period 1 July 2019 to 31 December 2019
This Report provides an executive summary of the matters arising from the audit for the three reporting terms of reference provided for in the Adelaide Oval Redevelopment and Management Act 2011.
This is the final report required under the Act concerning Term 1 namely the $535 million statutory limit.
We did not identify any material matters from our review of the current designated reporting period. However, we did note opportunities for the Department of Planning, Transport and Infrastructure to improve the documentation supporting the approach and rationale for certain payments.
There have also been some changes in the outstanding defects arrangements that will require ongoing management.
This report also discusses my ongoing reporting obligations including the review of the financing, constructing and operating arrangements put in place for the Adelaide Oval hotel project.