Stage 2 Documentation Check list (for inclusion in the IAB Review Note (OBC))

42.  The project team will need to provide the following documentation as part of the Stage 2 assessment:

  Viability, Desirability and Achievability questions answered and the overall position signed off by the project team for each heading.

  Questions to Soft Services assessment answered highlighting whether or not the overall benefits of including soft services in PFI outweigh any additional costs and constraints.

  A table listing the assumptions behind each of the spreadsheet inputs. Where there is a lack of supporting evidence this should be stated and the method used to approximate the input detailed.

  A table setting out the key scenarios run for the project spreadsheet and the reasoning behind these.

  Analysis of the quantitative spreadsheet outputs and conclusions.

  A table setting out the reasoning behind changes made from the Stage 1 analysis.

  An updated affordability calculation and an assurance that the project specification falls within this.