4.1.3 Have any of the financial The National Audit Office's ( provides guidance on quality assuring models used been appropriately modelling. quality assured? 4.1.4 Have different funding options The cost of any funding option should be included. and their implications been considered? 4.1.5 Is there evidence that a source The proposal must quantify and identify the (a) type of capital funding of (capital and revenue) funding and (b) source of funding. This must be confirmed by all relevant has been confirmed? parties, with their agreement with the need to invest and with the preferred solution. 4.1.6 Have any elements to be funded External sources include borrowing, public dividend capital, charitable, from external sources been external grants and other non-provider sources. Confirmation in writing identified, with the profile of by the external provider of the funding must be evidenced. funding/spend by year? 4.1.7 borrowing is assumed, has A statement showing the effect of the loan on the organisation’s the amount of loan, assumed financial position and appropriate) financial risk ratings before and loan term, assumed interest, after the loan need to be modelled and should be included in the prudential borrowing business case. assessment and repayments been clearly stated?
4.1.3 Have any of the financial models used been appropriately quality assured? The National Audit Office's ( provides guidance on quality assuring modelling. 4.1.4 Have different funding options and their implications been considered? The cost of any funding option should be included. 4.1.5 Is there evidence that a source of (capital and revenue) funding has been confirmed? The proposal must quantify and identify the (a) type of capital funding and (b) source of funding. This must be confirmed by all relevant parties, with their agreement with the need to invest and with the preferred solution. 4.1.6 Have any elements to be funded from external sources been identified, with the profile of funding/spend by year? External sources include borrowing, public dividend capital, charitable, external grants and other non-provider sources. Confirmation in writing by the external provider of the funding must be evidenced. 4.1.7 borrowing is assumed, has the amount of loan, assumed loan term, assumed interest, prudential borrowing assessment and repayments been clearly stated? A statement showing the effect of the loan on the organisation’s financial position and appropriate) financial risk ratings before and after the loan need to be modelled and should be included in the business case.
NHSI_Capital_Regime_Investment_Annex_1_-_V5_final.docx