Value for Money

Both the PSC and Shadow Bid will be full NPV life-cycle cost analyses.

Early assumptions around preliminary planning, architectural and design work, and financial projections will be required to complete these cost estimates. These estimates should only be high-level and not overly complex at this stage but should be supported by previous procurements wherever possible. The assumptions will be further refined in the business case.

Item

($millions)

Item

Traditional

P3

 

(PSC)

 

(Shadow Bid)

NPV of Capital Payments

 

 

 

NPV of Provincial Payments

 

 

 

Total NPV of Capital

 

 

 

 

 

 

 

NPV of O&M Annual

 

 

 

NPV of Major Rehab

 

 

 

Total NPV of O&M and Rehab

 

 

 

 

 

 

 

Grand Total NPV

 

 

 

 

 

 

 

Total Estimated Value for Money

 

 

 

As % of PSC NPV

 

 

 

 

 

 

 

Opening Date for all Facilities

 

 

 

Provide an initial sensitivity analysis identifying the key assumptions that are significant enough to change the value for money estimate.