The Unit maintains robust and timely scrutiny, approval and assurance processes (over affordability, VFM and deliverability) for PPP and PFI projects during the procurement phase.
* The Unit's assurance process begins at OBC and continues until financial close, independent of other Government scrutiny mechanisms. Only projects that meet its affordability, VFM and deliverability requirements and contribute to the policy goals are allowed to proceed past approval points.
** The Unit maintains clear approval points for all projects, that incorporate and act on the findings from the Office of Government Commerce (OGC) Gateway Reviews for high risk projects.
*** The Unit maintains clear approval points for all projects, from project inception to financial close, which benefit from independent scrutiny. These complement and are integrated into wider Government assurance mechanisms.