The Public Administration and Constitutional Affairs Committee said the purpose of the inquiry is that the management of major projects has been criticised, with lack of accountability, poor early planning and limited government capability. These are concerns flagged by the National Audit Office.
The committee will consider whether the criticisms are justified, what steps have been taken to address them, and where more needs to be done.
Submissions are welcome on the matter by 9 November. These should address some or all of a list of 17 questions provided by the committee, giving concrete examples wherever possible.
One of these questions includes: “What are the best financial models to adopt for financing and managing the delivery of major projects?”
To make a submission, click here.
The major projects portfolio currently has 133 projects with a value of £423bn including Crossrail, HS2 and Hinkley Point.