resources for regions manager – investment appraisal unit ... •funding: from resources for...

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Post on 29-Apr-2018




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    Supporting our mining communities

  • Presenters

    Chris Hanger Executive Director Regional Infrastructure and Networks Department of Premier and Cabinet Aleks Akopyan Senior Manager Investment Appraisal Unit Department of Premier and Cabinet

  • What well cover in this webinar

    Why is a detailed application needed? Preparing your detailed application for funding Important information to include Highlight project benefits Things to avoid Capturing the data for economic appraisal Privacy and confidential information What happens next Questions and answers

  • Your project is one of many competing for funding.

    The detailed application is your chance to provide all the information about how your project will be implemented and the benefits it will deliver to NSW.

    A good application is evidence based and demonstrates a clear understanding of expected benefits as well as risks/issues.

    The level of detail required depends on the scale and complexity of your proposal.

    Some planning is recommended prior to preparing your detailed application to ensure the necessary data and evidence is included.

    Why is a detailed application needed?

  • The next step is to submit a detailed application for project funding.

    Your detailed application must demonstrate the project:

    Has the capacity to deliver jobs and economic growth

    Has a clear purpose and rationale, with outcomes and benefits to the community that are both reasonable and comprehensively defined

    Maximises co-investment by the applicant, the Commonwealth and/or industry.

    Your business case must include financial forecasts as well as asset management and procurement plans detailing the proposed project delivery timeline; these must be presented with supporting evidence and meet NSW Government guidelines

    The Resources for Regions Data Sheets must be completed to provide information for an economic appraisal

    Preparing your detailed application

  • Make sure your business case includes:

    A detailed description of the proposed project

    Up-to-date financial forecasts or projections, supported by relevant data

    Evidence of cost estimates including margins and overheads, project and construction management costs and an appropriate amount of contingency for risks

    Full details of how the project will be funded

    Supporting evidence for any assumptions made in the business case

    Support for business case development is available:

    1300 679 673

    Important information to include

  • List the main benefits expected from the project, such as:

    Cost savings

    Employment and/or revenues

    Additional interstate and international visitation

    Time savings and safety (road projects)

    Both qualitative and quantitative benefits should be included.

    Where possible, qualitative benefits should be quantified, either in volume or dollar value terms.

    Highlight project benefits

  • No clear rationale and purpose for the project

    Benefits to the people of NSW are not clearly described

    Over-optimistic or unsubstantiated assumptions

    Failure to consider all available alternatives or project options, including reduced scope

    Funding options are incomplete or not all options considered and documented

    Cost estimates have not been provided

    Financial forecasts are unsupported / no data is provided

    Project does not align with NSW and local government priorities and guidelines

    Things to avoid

  • Datasheets will be provided for applicants to complete the Department of Premier and Cabinet will undertake an economic appraisal

    Projects must demonstrate they will improve economic growth and productivity in NSW

    The following will be required for all projects:

    Funding: from Resources for Regions, other NSW Government programs, Commonwealth Government programs, local government, other organisations / industry

    Capital expenditure: land/buildings, plant/equipment, fit-out, owned vs leased

    Operational spend: operational and maintenance expenses (e.g. rent, electricity, water, insurance)

    Other requirements based on the type of project may include:

    Road safety benefits: e.g. prevented accidents, injuries and fatalities

    Operational revenue: e.g. fees, memberships, sponsorships, venue hire to third parties

    Visitation: participants / supporters / spectators (international / interstate / other NSW / local regional NSW), length of stay, expenditure

    Capturing the data for an economic appraisal

  • All information you provide in your application may be circulated to other parties for the purpose of assisting in the assessment process

    Identify any information contained in the application that you consider confidential (provide reasons)

    Any request made under the Government Information (Public Access) Act 2009 for access to an application, including information marked confidential, will be determined in accordance with the Act

    Privacy and confidential information

  • Detailed applications must be submitted to by midnight on Monday 22 January 2018

    The Department of Premier and Cabinet and other relevant agencies will review all applications received

    Infrastructure NSWs Regional Independent Assessment Panel will review all detailed applications and recommend successful projects to Infrastructure NSW

    Infrastructure NSW will submit its recommendations to the Government for decision

    Funding decisions are made by Government

    What happens next

  • We will now take questions through the webinar platform

    Please start typing your questions now

    We may not respond to all questions. Written questions can be sent to

    Questions and answers

  • We are here to help


    Phone: 1300 679 673

    Program Guidelines:

    Business Case Guidelines:



    Supporting our mining communities


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