The aim of CoST is to increase the transparency and accountability of publicly funded construction projects. Core to this aim is disclosing construction project information into the public domain. The CoST Disclosure Process requires procuring entities to ensure that information about the purpose, scope, costs and execution of publicly-financed construction projects is open and accessible to the public, and that it is disclosed in a timely manner. The information is intended to be sufficient to inform stakeholders about relevant aspects of the project in an understandable and useful way.
This Guidance Note provides those procuring entities and Multi-Stakeholder Groups (MSGs) that lead CoST national programmes with some guidelines for designing a Disclosure Process. CoST provides an overall framework, which each CoST national programme is encouraged to adapt to suit the local context. This is the sixth in a series of Guidance notes about CoST.