NSW transport bureaucrats paid more than $300 million in the past year to transport and infrastructure providers who bid unsuccessfully for huge government contracts, prompting the auditor-general to call for an overhaul of how the state accounts for the high price of tenders.
As the Minns government proceeds with an infrastructure and development pipeline worth more than $116 billion, new Treasury accounts reveal that Transport for NSW paid out $158 million in unsuccessful bid cost payments to companies for work they did not win.
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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au
