In this part of the P3 business case, the project sponsor should:
• Summarize the results of all analysis on the fiscal, financial, economic, legal, technical and environmental feasibility of the project.
- Feasibility studies should assess the degree to which various features of the project are either sustainable or achieve the objectives desired by the project sponsor. In doing so, they should incorporate, wherever appropriate, consideration of project costs, project revenues, alternative revenue sources, alternative technical solutions, the legal environment in which the project is being implemented, emissions from the project, and other relevant information;
- Where reference is made to the contents of the feasibility study, appropriate page and section numbers should be included;
• Clearly articulate the financial feasibility of the project, including demonstrating that serious consideration has been given to the project's costs and the sources of revenue to fund and finance the project;
• Summarize the findings of all work done to assess alternative solutions to the project and describe key assumptions, methodologies and findings;
• Disclose the Who, What and When of the feasibility study, The author of the feasibility study, the time period over which it was developed and, where external resources are used, a description of the subject matter expertise of the external resource should be provided. If feasibility studies for the project are significantly dated, a justification for their continued appropriateness and use should be provided;
• Include jurisdictional scans that provide relevant precedents for the proposed project; and
• Disclose and substantiate the public and political support confirmed to date.