14 The Raw PSC
Guidance notes - Raw PSC This section of the report details the assumptions used and the source of the cost estimates to calculate the NPC of the Raw PSC. In this instance the assumptions are split into 'general' assumptions, 'capital' assumptions and 'operating' assumptions; however depending on the project, the assumptions may be split into other categories. The results are presented as a table in the appropriate cost categories. There may be a requirement in some instances to include a section on changes to the final PSC from the PSC estimated at the business case stage. |
The Raw PSC (example)
The costs for the project (including risk estimates) were provided by [insert sources of information]. [Insert name of financial adviser, other advisers i.e. quantity surveyor] understand that the costs have been based on the reference project as outlined in Section 3.2. In preparing the PSC and this report, [insert name of financial adviser] has relied on this cost information. A more detailed list of sources is provided in the Assumptions section of the financial model in Appendix C: Public Sector Comparator financial model -Simple risk evaluation method.