Morrison Low has built up extensive experience in the preparation of business cases for infrastructure, in accordance with the NSW Treasury’s Guide to Cost-Benefit Analysis.
Our recent work has included undertaking business cases for Blayney Shire Council, Kyogle Council and Tweed Shire Council. The Blayney Shire Council project centred on the second stage of their Growing Local Economies Fund application, relating to the Blayney Heavy Vehicle Route. This required a focus on the best practice approach and demonstration of hardship. The project for Kyogle Council involved preparing an updated model and business case for their Clarence Way section of road and ensuring alignment with NSW Transport’s guidelines. This business case will be used to apply for alternative funding sources, whilst still being compliant with the Fixing Country Roads model. For Tweed Shire Council, the Morrison Low team prepared a business case for the South Murwillumbah Business Precinct Infrastructure Project, which aims to develop approximately 60 ha of land and requires an estimated $34 million of trunk infrastructure.
For all three councils’ projects, sound research and analysis enabled the Morrison Low project team to develop success metrics, scenarios and rationale for the investment that were critical inputs into economic impact assessments, cost benefit assessments and financial appraisals of the cashflows.
For Blayney Shire Council these were formed into a cost benefit and economic assessment report for Council’s review, before the team then focused on the preparation and finalisation of the business case. The project for Tweed Shire Council first involved the development of a high-level project delivery plan by Morrison Low, that aligned the land stage rollout with the associated infrastructure demands. These outcomes were then incorporated into the phase 2 deliverable of a comprehensive, overarching business case and economic impact analysis which would assist in progressing the trunk infrastructure through grant funding applications. For Kyogle Council, the Morrison Low team rescoped Council’s Fixing Country Roads model and used this as the basis for drafting a revised business case for Clarence Way, which included cost benefit outputs and indicative multipliers.
All three projects utilised Morrison Low’s unique combination of economic, financial and technical analysis, our experience in developing business cases for major projects and detailed understanding of the NSW Treasury’s guidelines and a range of government funding guidelines. It is through this expertise that we have created a sound approach to business cases and were well equipped to deliver each council’s desired outcomes.