❓ Dr. Steve Thomas questions the Minister regarding a significant increase in the KPMG contract for advice on the insolvent Griffin Coal, seeking specifics on the advice provided, reporting frequency, and modifications to the Griffin Coal process agreement. The Minister's response provides limited detail.
AnsweredQoN 504Legislative Council
QuestionView source ↗
GRIFFIN COAL —
KPMG
504. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I refer to my question without
notice 19 of 27 February 2024 revealing the remarkable four-fold increase to
the initial KPMG contract of $240 000 to a new rolling contract value of $990 000
for the provision of advice to government on the insolvent and foreign-owned
Griffin Coal.
(1) What
specifically are the varieties of forms in which KPMG provides advice in
relation to the insolvent and foreign-owned Griffin Coal?
(2) What is the specific frequency of the reporting
mechanisms previously generalised as ''on a regular basis''?
(3) What specific
modifications, changes or enhancements were made to the Griffin Coal process
agreement of 14 August 2023, which allowed for the four-fold increase in value
to the KPMG contract?
KPMG
504. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I refer to my question without
notice 19 of 27 February 2024 revealing the remarkable four-fold increase to
the initial KPMG contract of $240 000 to a new rolling contract value of $990 000
for the provision of advice to government on the insolvent and foreign-owned
Griffin Coal.
(1) What
specifically are the varieties of forms in which KPMG provides advice in
relation to the insolvent and foreign-owned Griffin Coal?
(2) What is the specific frequency of the reporting
mechanisms previously generalised as ''on a regular basis''?
(3) What specific
modifications, changes or enhancements were made to the Griffin Coal process
agreement of 14 August 2023, which allowed for the four-fold increase in value
to the KPMG contract?
AnswerView source ↗
I thank the honourable member for
some notice of the question. The following answer has been provided to me by
the Minister for State and Industry Development, Jobs and Trade.
(1)–(2) KPMG provides written and verbal advice to
government on a range of matters relating to the administration of the
process agreement, including providing monthly reports.
(3) The process
agreement is between the state and the receivers and managers of Griffin Coal.
KPMG is not a party to this agreement. The value of the KPMG contract is
reflective of the required work in assisting with the administration of the
process agreement.
some notice of the question. The following answer has been provided to me by
the Minister for State and Industry Development, Jobs and Trade.
(1)–(2) KPMG provides written and verbal advice to
government on a range of matters relating to the administration of the
process agreement, including providing monthly reports.
(3) The process
agreement is between the state and the receivers and managers of Griffin Coal.
KPMG is not a party to this agreement. The value of the KPMG contract is
reflective of the required work in assisting with the administration of the
process agreement.
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