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The grant was awarded through a non-competitive process and the full $443.3 million was paid up front even though the work will be finalised in 2024. The decision was informed by written advice but driven by the need to spend the allocated money in 2017–18.
It's common that departments rush to spend money at the end of financial year (though this needs change). It is, however, uncommon for high sum to not go out for tender & for poor oversight of clear targets + assessment criteria & lack of detail about how the funds would be spent
'The objective of the audit was to assess whether the award of a $443.3 million grant to the Great Barrier Reef Foundation was informed by appropriate departmental advice and through processes that complied with the grants administration framework.' Spoiler alert: it wasn't.
'There was insufficient scrutiny of the foundation’s proposal in 3 key areas... 1) capacity & capability of the foundation’s delivery partners to scale-up their activities; 2) foundation’s past fundraising performance; 3) and total administration costs of the partnership model..'
Only three of the six recommendations by the @ANAO_Australia have been agreed to at the time the report was published.
/end thread
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