(agency perspective) – including but not limited to:
• costs – capital, operating, maintenance; provision for contingencies
• data sources, references for assumptions (e.g., CPI, building price index, wage increases; internal rate of return/hurdle rate; assumed Government contribution if any; and so on)
• financial impacts, including the retiring of older assets and associated operating and maintenance savings
• any third party revenues, source for revenue assumptions (e.g., for a road project, could include basis for traffic forecasts and alternative tolling regimes)
• justification for assumed discount rate.
______________________________________________________________________
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35
Refer to NSW Government:
Financial Appraisal
(TPP No.97-4, July 1997) on the Treasury website:
http://www.treasury.nsw.gov.au
.