Public sector comparator - Revision history

Designing Buildings at 13:40, 13 January 2021

2021-01-13T13:40:35Z

← Older revision		Revision as of 13:40, 13 January 2021
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−	The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that the term ‘public sector comparator’, or PSC, refers to:'… an assessment of the scheme which includes capital costs, operating costs and third party revenues. The PCS is a benchmark against which value for money can be gauged. Clients use technical advisors to produce a reference project – sometimes called the public sector scheme (PSS).'
−
	[https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in 2020, defines the Public Sector Comparator or Comparable Public Option as: ‘…an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for differences in risk and tax between the public and private sectors. The purpose of creating this option is to provide comparable comparison with a PPP option based on a level playing field.’		[https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in 2020, defines the Public Sector Comparator or Comparable Public Option as: ‘…an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for differences in risk and tax between the public and private sectors. The purpose of creating this option is to provide comparable comparison with a PPP option based on a level playing field.’

	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The 2018 Green Book] suggested the public sector comparator or comparable public option: ‘…is an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for risk and tax. This creates a level playing field in support of a true comparison in social value terms.’		[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The 2018 Green Book] suggested the public sector comparator or comparable public option: ‘…is an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for risk and tax. This creates a level playing field in support of a true comparison in social value terms.’
		+
		+	The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggested that the term ‘public sector comparator’, or PSC, refers to:'… an assessment of the scheme which includes capital costs, operating costs and third party revenues. The PCS is a benchmark against which value for money can be gauged. Clients use technical advisors to produce a reference project – sometimes called the public sector scheme (PSS).'

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 08:36, 31 December 2020

2020-12-31T08:36:34Z

← Older revision		Revision as of 08:36, 31 December 2020
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	* Value.		* Value.

−	[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]] [[Category:Public_procedures]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:Definitions]] [[Category:Cost_/_business_planning]] [[Category:Public_procedures]]

Designing Buildings at 09:55, 27 November 2020

2020-11-27T09:55:49Z

← Older revision		Revision as of 09:55, 27 November 2020
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	The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that the term ‘public sector comparator’, or PSC, refers to:'… an assessment of the scheme which includes capital costs, operating costs and third party revenues. The PCS is a benchmark against which value for money can be gauged. Clients use technical advisors to produce a reference project – sometimes called the public sector scheme (PSS).'		The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that the term ‘public sector comparator’, or PSC, refers to:'… an assessment of the scheme which includes capital costs, operating costs and third party revenues. The PCS is a benchmark against which value for money can be gauged. Clients use technical advisors to produce a reference project – sometimes called the public sector scheme (PSS).'

−	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The Green Book~~, Central Government Guidance On Appraisal And Evaluation~~]~~, Published by HM Treasury in 2018, suggests that~~ the public sector comparator or comparable public option: ‘…is an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for risk and tax. This creates a level playing field in support of a true comparison in social value terms.’	+	[https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in 2020, defines the Public Sector Comparator or Comparable Public Option as: ‘…an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for differences in risk and tax between the public and private sectors. The purpose of creating this option is to provide comparable comparison with a PPP option based on a level playing field.’
		+
		+	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The 2018 Green Book] suggested the public sector comparator or comparable public option: ‘…is an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for risk and tax. This creates a level playing field in support of a true comparison in social value terms.’

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 10:16, 29 October 2020

2020-10-29T10:16:50Z

← Older revision		Revision as of 10:16, 29 October 2020
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−	The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that the term ‘public sector comparator’, or PSC, refers to:	+	The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that the term ‘public sector comparator’, or PSC, refers to:'… an assessment of the scheme which includes capital costs, operating costs and third party revenues. The PCS is a benchmark against which value for money can be gauged. Clients use technical advisors to produce a reference project – sometimes called the public sector scheme (PSS).'

−	~~… an assessment of the scheme which includes capital costs, operating costs and third party revenues~~. The ~~PCS is~~ a ~~benchmark against which value~~ for ~~money can be gauged~~. ~~Clients use technical advisors to produce~~ a ~~reference project – sometimes called the public sector scheme (PSS)~~.	+	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in 2018, suggests that the public sector comparator or comparable public option: ‘…is an option for direct public provision with comparable output assumptions to a Public Private Partnership option, including allowances for risk and tax. This creates a level playing field in support of a true comparison in social value terms.’

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Benchmarking.		* Benchmarking.
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	* Cost benchmarking principles and expectations		* Cost benchmarking principles and expectations
	* Operating costs.		* Operating costs.
		+	* Private Finance Initiative.
		+	* Public Private Partnership.
	* Value for money.		* Value for money.
	* Value.		* Value.

−	[[Category:Cost_/_business_planning]] [[Category:Public_procedures]]	+	[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]] [[Category:Public_procedures]]

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2016-12-28T09:18:34Z

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The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that the term ‘public sector comparator’, or PSC, refers to:

… an assessment of the scheme which includes capital costs, operating costs and third party revenues. The PCS is a benchmark against which value for money can be gauged. Clients use technical advisors to produce a reference project – sometimes called the public sector scheme (PSS).

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Benchmarking.
* Capital cost.
* Cost benchmarking principles and expectations
* Operating costs.
* Value for money.
* Value.

[[Category:Cost_/_business_planning]] [[Category:Public_procedures]]