Guidance Note (Sourcing Playbook)

Should Cost Modelling

In: Procure > Evaluation stage

Overview

Guidance Note 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.

Make sure you:

• read the Guidance Note and relevant Commercial Playbook
• seek legal and commercial advice in the context of specific procurements.

Additional support and guidance

Relevant areas of the Guidance Note at this commercial stage:

• Section 4.2: Using Should Cost Models (SCMs) to assess the deliverability of bids
• Section 4.3: Using SCMs as formal evaluation criteria
• Section 5: Producing an SCM
• Section 6: Planning an SCM
• Section 7: Establishing the resource requirement
• Section 8: Procuring an SCM

Read the document

This applies to

• Plan > Strategy and plan
• Define > Business need
• Procure > Evaluation stage