In the UK, the government’s latest economic forecast includes over 500 projects and programmes worth over £400bn. However, funding from all sources is under pressure, particularly due to lower oil and gas investment, and concerns over the performance of the Asian markets. Business cases for new schemes are under ever increasing scrutiny to deliver better and safer returns.
Understanding the issues that affect your organisation
All sectors are competing for infrastructure investment. Currently, energy and transport account for the majority (91 per cent). Greater demands for addressing climate change, improving productivity and addressing an ageing population have prompted the government to take a fresh look.
The government have established a National Infrastructure Commission (NIC) to evaluate and propose the nation’s long term infrastructure needs and have created the Infrastructure and Projects Authority (IPA). The IPA provides expertise in infrastructure and the financing, delivery and assurance of major projects.
Solutions to help your organisation
Ways in which RSM can can help:
- business case development (green book);
- financial modelling;
- project finance;
- project/programme initiation (IUK Routemap);
- contract and procurement advice and assurance;
- project/programme assurance;
- social impact studies (to comply with the 2011 act);
- operational improvement; and
- VAT and indirect tax advice;
We currently work with:
- central government;
- local government;
- infrastructure clients (owners, operators, maintainers);
- regulators; and
- supply chain.
Our specialists have developed guidance for HM Treasury and Cabinet Office on matters such as project and programme management, financial modelling and contract management.
Contact Alistair Hynd to find out more.