I thank Deputy Connolly and I appreciate his support on this. My Department is responsible for the infrastructure guidelines, which replaced the public spending code for capital appraisal since the end of 2023. These set the value for money requirements and guidance for evaluating, planning and managing Exchequer-funded capital projects. Management and delivery of investment projects and public services within allocation and the national frameworks is a key responsibility of every Department, Accounting Officer and Minister.
Action 23 in the accelerating infrastructure report, published in December 2025, commits my Department to streamline and speed up the project approvals process by amending the infrastructure guidelines. In line with this action, I brought a memorandum to Government this week on the following changes to the infrastructure guidelines. In relation to major projects, the threshold will increase from €200 million to €500 million for sectors with a well-established track record of delivery, particularly in the energy, transport and water sectors. The external assurance process will be replaced with a streamlined and time-bound internal review by the Department for all sectors to save significant time. Major projects at approval gate 2 will no longer need ministerial approval and may now be approved solely by the Accounting Officer of the Department that is funding the proposed project. Ministers will continue to be involved at approval gates 1 and 3, which are the critical decision points. Trying to remove duplicate and unnecessary steps to save time has been the central objective for us in government.
These changes will remove unnecessary time delays for critical infrastructure projects while retaining the necessary governance and oversight arrangements to ensure value for money for the taxpayer. In particular, the removal of the external assurance process, which was taking on average 20 weeks, will ensure projects move more rapidly through the delivery lifecycle while ensuring projects over a particular threshold will see the major project advisory group involved.
These and other recommendations in the action plan, including on the introduction of administrative guidance on timelines for preliminary business case assessment and maintaining a maximum length, will be included in the overall public financial management and control framework as part of the wider review of public financial procedures. Saving time and improving delivery is our wider focus.