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Audit Committee · 2026-05-01 · 2026.AU12.4

The filed record

Future Contract Considerations for SmartTrack and Other Capital Project Agreements

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The decision

2026-05-01 · Audit Committee · adopted

As filed

The Audit Committee: 1. Received the report (April 17, 2026) from the Chief Procurement Officer and the Director, Internal Audit, for information.

On the agenda

As the city filed it

The purpose of this report is to assess the adequacy of the City's contract management and project management processes with respect to the SmartTrack Project and whether they ensure value for money and project delivery timelines. The report also identifies requirements that should be considered in future contracts and projects to protect the interests of the City, including the addition of audit clauses. This is in response to the motions made at the February 2026 Audit Committee meeting and the March 2026 City Council meeting.

Staff recommended

The Chief Procurement Officer and the Director, Internal Audit recommend that: 1. The Audit Committee receive this report for information.

    On the record

    The item as the City filed it

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