The purpose of this draft discussion document is to describe the recommended methodology and rationale for Partnerships British Columbia's (Partnerships BC) guidance for the quantitative analysis of infrastructure project procurement options.
The document is intended to support a rigorous standard and consistent approach for undertaking the procurement options analysis that is required as part of the business case development process for procuring publicly-funded infrastructure in British Columbia. To this end, the document:
• Outlines Partnerships BC's guidance methodology for the quantitative analysis of procurement options,
• Provides guidance for conducting the quantitative analysis work as part of the comprehensive business case analysis for a project, and
• Demonstrates how the outcome of this analysis informs the procurement decision and funding analysis for a project.
This document can be used to guide the quantitative analysis of project procurement alternatives in business cases for all projects where a determination has been made that such projects are likely to benefit from public private partnership (PPP) procurement in terms of securing value for money for the public1. It is important to note, and account for, unique requirements, flexible methodology and outcomes in individual projects.
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1 Such a determination is currently made by applying Partnerships BC's guidance with respect to early project screening. This approach is documented in the Capital Project Public Private Partnership Early Screening Tool, Partnerships BC, December, 2008.