Development of the base public sector comparator model

In this part of the feasibility study, a base public sector comparator model, without calculating risk, shall be developed.

The public sector comparator shall represent the total cost to implement the project by conventional methods, i.e. by the government, and by using one of the approved methods of procurement. The model shall observe all types of cash inflow or outflow, such as:

•  Direct costs.

•  Indirect costs.

•  Revenues.

All the accounting processes of costs and income shall be supported by documents attached to the public sector comparator to support assumptions and analysis.