2022-10-24 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   24 OCTOBER 2022




                                      Page 57 of 113

GENERAL COMMITTEE MEETING AGENDA                                                              24 OCTOBER 2022

               Review of Noosa Oyster Ecosystem Restoration Project
               Key Issues Report — Noosa Shire Council                                                                          Confidential and subject to legal privilege
                                                                                                                                                       18 October 2022

                  Item      Nand 4   LC -aYa bs-1 0)                                                             Recommended action
                         category
                                      the first instalment under the Agreement (which was in the amount of        e   clearly define the nature of expenditure that
                                      $179,237.00) and the other Deliverables are nearing completion, for which       Council's funding can be applied to and
                                      Council will carry out appropriate checks and balances.                         expenditure to which it cannot; and
                                                                                                                  e   have clear rights, as appropriate, to enable
                                                                                                                      Council to suspend funding, perform
                                                                                                                      reconciliation of spending and appropriate
                                                                                                                      rights to recover overpayment or
                                                                                                                      inappropriate expenditure as well as
                                                                                                                      ‘clawback’ rights where performance
                                                                                                                      outcomes have not been achieved.
                                                                                                                  This will also assist Council to achieve value for
                                                                                                                  money outcomes and will hold funding recipients
                                                                                                                  to account.
                  10.                 Compliance with reporting requirements (both under the agreement and the    For noting only.
                                      Council’s policies and procedures).

                                      NRF Observations:
                                      As noted in item 9 above, TNC has complied with its reporting requirements
                                      under the Agreement (provision of annual and six monthly reports). In
                                      addition to the reports, we understand Council's Executive Level Forum met
                                      at least twice each financial year in respect of the Project as well as the
                                      Project team and Project Technical Advisory Group meeting in accordance
                                      with the requirements of the EMP.
                  FL.                 Evidence of approvals and satisfaction of other key requirements provided to —- For noting only.
                                      Council (and verified by Council) as required by the agreement and relevant
                                      Council policies and procedures.

                                      NRF Observations:
                                      TNC provided sufficient evidence of approvals and key Agreement
                                      requirements to Council’s satisfaction. For example, TNC provided copies of
                                      correspondence with relevant Government authorities (such as the State
                                      Assessment Referral Agency and the Queensland Department of Resources)

                APAC-#302981652-v3                                                        10                                               © Norton Rose Fulbright Australia

                                                                                                   Page 57 of 113