The Challenge
Many of our clients require feasibility studies or Outline Business Cases to inform their decision making process regarding major investment in infrastructure or equipment. At these early stages of assessing the options available and their relative costs, our clients find our knowledge, experience and skills invaluable in preparing robust assessments. The accuracy of financial data and testing the sensitivities associated with different assumptions ensures we provide a balanced and independent assessment of all the options available. Our support to the private sector also enables us to prepare ‘shadow bid’ models that can act as excellent comparators when assessing likely private sector costs for providing a service. We also have lots of experience using the Treasury VFM model in assessing the feasibility of PFI projects and integrate the results from this in our analysis when determining the preferred option.
The Way Forward
Developing an effective business case forms a key part of the decision making process. Understanding the different requirements for a PFI business case to support an application for PFI credits or a PPP business case to structure a new partnership requires specialist skills. Once a preferred option has been chosen it informs the choice of procurement strategy and the resources required to deliver the project. We are experts supporting our clients through the procurement process and delivering support through the Competitive Dialogue process.
How PKF can help
We have been involved with successfully securing PFI credits in excess of £50 million on each scheme for a number of clients and regularly prepare feasibility studies and Outline Business Cases for PFI and PPP projects across a range of sectors. Our professional and independent analysis ensures that our clients value the assessment and can rely on it for decision making purposes.
Further information
For further information please contact Tom Roberts
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