Item - 2026.AU12.4
Tracking Status
- This item was considered by Audit Committee on May 1, 2026 and was adopted without amendment.
AU12.4 - Future Contract Considerations for SmartTrack and Other Capital Project Agreements
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Caution: Preliminary decisions and motions are shown below. Any decisions or motions should not be considered final until the meeting is complete, and the decisions for this meeting have been confirmed.
Committee Decision
The Audit Committee:
1. Received the report (April 17, 2026) from the Chief Procurement Officer and the Director, Internal Audit, for information.
Origin
Summary
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.
Financial Impact
There are no financial impacts on the current year’s budget arising from this report.
The Chief Financial Officer and Treasurer has reviewed this report and agrees with the financial implications as identified in the Financial Impact section.
Background Information
https://www.toronto.ca/legdocs/mmis/2026/au/bgrd/backgroundfile-286260.pdf