This section should address the following:
• Provide confirmation the VFM Statement provided to the Proponents is aligned with the approved Business Case. If not, what are the differences and what is the impact of these?
• Are there any changes between the tender Proposal and the Owner's VfM Statement?
• The cost impact of changes to the Owner's functional/performance requirements and specifications. Explain how do these represent VfM to the Owner?
The analysis can be summarised as per this table:
Requirements/ elements in the Owner's VfM Statement | Element of Scope of Works in TOC | Reasons for change and how change could be managed | Cost impact of change (operational and/or capital expenditure) | Approved by Owner (Y/N) |
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