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Business cases are a key tool to inform evidence-based investment decisions by government.

The objective of developing a robust a business case is to ensure resource allocation decisions are well timed, offer value for money, consider and mitigate risks and are consistent with Government priorities and objectives. 

The NSW Government Business Case Guidelines (TPP18-06) establish a best practice, clear and consistent approach to preparing business cases. 

The NSW Government Business Case Guidelines: 

  • apply to all investment proposals including capital, recurrent and information and communication technology (ICT) as well as policy proposals that impact resource use in the community (e.g. changes to regulations)
  • improve the standard, transparency and robustness of investment, policy and regulatory proposals to better inform decision making (e.g. evidence based Cost Benefit Analysis)
  • are scalable, so that the level of effort expended on developing a business case is appropriate for the size, complexity and risk of the proposed intervention 
  • support outcome-based regulation, budgeting and reporting 
  • link the proposed intervention with outcomes, including strategic Government priorities (i.e. State outcomes)
  • consolidate relevant referencing sources for all types of business cases in one document. 

Resources 

Treasury circulars, policy papers and other resources 

 

Templates

 

Other investment related policies

Policies Purpose
Protected Items and Funds (TC12-10) To outline arrangements for ‘protected items’ whereby any expenditure savings are not generally available to be reallocated to other priorities within the cluster.
Budget Controls: Capital Expenditure Authorisation Limit (TC12-20) To ensure that the capital expenditure program for each agency within a cluster is managed within the approved capital expenditure authorisation limits for that agency.
Parameter and Technical Adjustments and Measures (New Policy) TC14-28 To outline agency requirements and provide a distinction between Parameter and Technical Adjustments and Measures (New Policy). This circular applies to all general government agencies.
Management of Contingency Provisions for Major Projects (TC14-29) To cover the cost of unplanned activities or risks that are necessary to deliver project outcomes and require additional funds; to better plan and manage risks and reuse surplus contingency for investment in other areas.
Budget Controls: Agency Carry Forwards (TC15-08) To clarify the rules to apply for carry forwards
Risk Management Tool kit for NSW Public Sector Agencies (TPP12-03a) Assist agencies to interpret ISO 31000 and support the ongoing development of a risk management framework that suits agencies’ specific organisational needs and comply with TPP 15-03
Risk Management Tool kit for NSW Public Sector Agencies (TPP12-03b) Assist agencies to interpret ISO 31000 and support the ongoing development of a risk management framework that suits agencies’ specific organisational needs and comply with TPP 15-03
Risk Management Tool kit for NSW Public Sector Agencies (TPP12-03c) Assist agencies to interpret ISO 31000 and support the ongoing development of a risk management framework that suits agencies’ specific organisational needs and comply with TPP 15-03
Total Asset Management (TAM) Submission requirements (TC13-08) To support long term planning and effective investment allocation for capital decisions.
NSW Government Commission and Contestability Policy (TPP16-05) To create a clear and consistent policy direction, definition and set of principles to guide NSW Government agencies in commissioning and contesting services that are customer centric and identify best practice in service delivery. 
Commissioning & Contestability Practice Guide To support the Commissioning and Contestability Policy and help practitioners apply commissioning and contestability under the Policy Framework. 
NSW Gateway Policy (TPP17-01) To support Government in delivering value for money to NSW taxpayers in respect of major Government investment decisions, from inception through to funding, delivery and benefit realisation.
Recurrent Investor Assurance Framework (TPP17-02) Operated by the Gateway Coordination Agency to assess the risks associated with a project or program of a particular nature in order to determine the application of Gateway. It defines the roles and responsibilities to deliver Gateway aligned with the Gateway review process.
NSW Government Guide to Cost Benefit Analysis (TPP17-03) To provide guidance and promote a consistent approach to appraisal and evaluation of public projects, programs and policies across the NSW Government.
Public Private Partnerships Policy (TPP17-07) Ensure PPPs are procured in a professional and transparent manner, minimising tender costs and providing fair opportunity to all prospective private sector participants.

 

Contact us

For assistance and further information on NSW Government Business Case Guidelines contact Treasury’s Financial Management Policy Branch -  finpol@treasury.nsw.gov.au