Guidance Note (Sourcing Playbook)

Should Cost Modelling

In: Plan > Strategy and plan

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 2: What is a Should Cost Model (SCM)
• Section 3: Why produce an SCM?
• Section 4: When to produce an SCM

Read the document

This applies to

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