11.3 Structure of this (example) report
This report documents the PSC for the hospital project and is structured in accordance with the PSC Worked Example as follows:
• Chapter 12 describes the project by documenting the objectives, service need and the main features of the reference project.
• Chapter 13 sets out the financial assumptions used in the financial modelling of the PSC including discount rate, inflation, and goods and services tax.
• Chapter 14 documents the components of the Raw PSC.
• Chapter 15 documents the Competitive Neutrality adjustments to the PSC.
• Chapter 16 documents the risk valuation process and results.
• Chapter 17 provides a starting point for risk management planning.
• Chapter 18 provides an example disclaimer statement and review of the PSC report and information.
• Appended to the Public Sector Comparator Guidance are two versions of the PSC financial model - one simple (Appendix C) and one advanced (Appendix D) - including operating instructions, input databook, outputs, risk register and all working cash flows.