The Financial Case The financial case demonstrates that the option” will result in a fundable “preferred and affordable deal. It is concerned with issues of affordability and sources of budget funding and covers the lifetime of the programme and all costs. This section will set out the forecast financial implications of the preferred option for implementing an interoperability solution (as set out in the economic case) and the proposed deal (as described in the commercial case). It should include the anticipated payment stream for the project over its intended life span and how this will be funded. Any requirement for external funding must be supported by clear evidence of commissioner support for the scheme, together with any funding gaps. Introduction The purpose of this section is to ascertain the affordability and funding requirements of the preferred option, in relation to the other short-listed options; and to demonstrate that the recommended deal is affordable. In practice, this involves determining: the financial profile of the short-listed option the impact of the proposed deal its capital and revenue consequences on – – the organisations’ income and expenditure account and balance sheet Methodology and assumptions Provide a description here of: the financial model and the associated methodology any underlying assumptions (for example, interest rates, inflation, taxation, capital charges, depreciation etc) the proposed funding structure Income and expenditure impact The preferred interoperability solution (as identified in the economic case) delivered through the selected procurement route (as determined in the commercial case) will cost a total of £xxx over y years, as set out in the summary below.
The Financial Case The financial case demonstrates that the “preferred option” will result in a fundable and affordable deal. It is concerned with issues of affordability and sources of budget funding and covers the lifetime of the programme and all costs. This section will set out the forecast financial implications of the preferred option for implementing an interoperability solution (as set out in the economic case) and the proposed deal (as described in the commercial case). It should include the anticipated payment stream for the project over its intended life span and how this will be funded. Any requirement for external funding must be supported by clear evidence of commissioner support for the scheme, together with any funding gaps. Introduction The purpose of this section is to ascertain the affordability and funding requirements of the preferred option, in relation to the other short-listed options; and to demonstrate that the recommended deal is affordable. In practice, this involves determining: the financial profile of the short-listed option the impact of the proposed deal – its capital and revenue consequences – on the organisations’ income and expenditure account and balance sheet Methodology and assumptions Provide a description here of: the financial model and the associated methodology any underlying assumptions (for example, interest rates, inflation, taxation, capital charges, depreciation etc) the proposed funding structure Income and expenditure impact The preferred interoperability solution (as identified in the economic case) delivered through the selected procurement route (as determined in the commercial case) will cost a total of £xxx over y years, as set out in the summary below.
Interoperability-Business-Case-Template-v2.0-INTEROPen.docx