Final Public Sector Comparator

The 'final adjusted PSC' is the PSC used to make the final evaluation of the bids received, which also excluded the state's estimate of its retained risk.

The final adjusted PSC was $367.7 million with the NPC of the adjusted bid at financial close at $365.24 million. The adjusted bid at financial close was under the adjusted PSC, representing a cost saving for the state of $2.46 million or 0.67 per cent.

Figure 4E Summary of PSC and bid at financial close

Source: Victorian Auditor-General's Office analysis of DHS information.

Both the Minister for Health and the Treasurer were advised of the final adjusted PSC and the NPC of the adjusted bid at financial close.

The new hospital under construction.