Transcription of Should Cost Modelling - GOV.UK
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Should Cost Modelling - GOV.UK
Should cost Modelling GUIDANCE NOTE MAY 2021 Should cost Modelling MAY 2021 1 Contents 1. Context 2 Overview 2 Contact 3 2. What is a Should cost Model? 4 Introduction to Should cost Models 4 Levels of complexity 6 Evolution of a Should cost Model 7 3. Why produce an SCM? 8 Benefits of Should cost Models 8 4. When to produce an SCM 10 Requirement for a Should cost Model 10 Using Should cost Models to assess the deliverability of bids 10 Using Should cost Models as formal evaluation criteria 11 5. Producing an SCM 12 Five stages 12 6. Planning an SCM 14 Structured approach 14 7. Establishing the resource requirement 19 Suitably qualified and experienced people 19 8. Procuring an SCM 21 Commercial considerations 21 Should cost Modelling MAY 2021 2 1. Context Overview This Guidance Note provides high-level guidance for contracting authorities on Should cost Models (SCMs), the term used in the Sourcing Playbook and the Construction Playbook to describe whole life cost Modelling .
Specification Template Example SCM Build Template Book of Assumptions / Data Log Template ... (Strategic Outline Case for departments and ALBs); and ... SCMs are also expected to evolve over time as more information becomes available and requirements change. These requirements may, for example,
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