Delivery and funding model development process. The public sector comparator is the benchmark against which different private sector and final approvals delivery models are evaluated to determine the 5 considers the appropriate approach to best value for money approach for project project funding. The approach to project funding delivery. is guided by the type of infrastructure (i.e. economic, social, civic etc.) and may include early Final business case and recommended consideration of the allocation of Northern Territory capital funds that may need to be drawn delivery approach down for the project. Stage 6 incorporates the detailed work Opportunities for private sector participation in undertaken to align the business case and the project, through service provision, funding preferred delivery approach to put forward clear and financing are considered and tested, as well recommendations on the project scope, expected as sources of project finance and funding, outcomes, and procurement and delivery model including opportunities for local and Australian for government’s consideration. Government participation. At the conclusion of Stage 6, the detailed The initial cost estimates developed as part of the business case will be considered and, if accepted, detailed business case should be refined to consideration will be given to how the project will develop a public sector comparator as part of this be financed and funded.
Delivery and funding model development and final approvals 5 considers the appropriate approach to project funding. The approach to project funding is guided by the type of infrastructure (i.e. economic, social, civic etc.) and may include early consideration of the allocation of Northern Territory capital funds that may need to be drawn down for the project. Opportunities for private sector participation in the project, through service provision, funding and financing are considered and tested, as well as sources of project finance and funding, including opportunities for local and Australian Government participation. The initial cost estimates developed as part of the detailed business case should be refined to develop a public sector comparator as part of this process. The public sector comparator is the benchmark against which different private sector delivery models are evaluated to determine the best value for money approach for project delivery. Final business case and recommended delivery approach Stage 6 incorporates the detailed work undertaken to align the business case and preferred delivery approach to put forward clear recommendations on the project scope, expected outcomes, and procurement and delivery model for government’s consideration. At the conclusion of Stage 6, the detailed business case will be considered and, if accepted, consideration will be given to how the project will be financed and funded.
infrastructure-strategy.docx