Owner-authority governance assurance

Cost Formation Governance Across Capital Systems defines how capital cost is controlled across portfolios at the point where cost is created, not reported. As work is measured, valued and certified across contractors and contracts, cost is formed through interfaces outside traditional governance. This establishes a unified control layer under owner authority, ensuring continuous reconciliation of measured work, certified value and remaining value to the approved capital position, including variations, providing clear visibility over how capital converts into physical outcomes during execution.