Intermediate Investment Analysis Report

Intermediate Investment Analysis Report

for Asset projects <$5M and >$1M (refer to NPMS Thresholds Matrix)

at Expenditure Authority for Project Implementation

This template serves as a helpful tool for preparing the Intermediate Investment Analysis Report (IAR). Refer to the Full IAR for Asset Projects at Expenditure Authority for more details.

Note: Please attach (or copy) the Summary Cash Flow Table (from Real Property Project Funding and Cost Planning Workbook). For any NPMS intermediate project that is, or potentially may be, requesting capital funding (Vote 5, B141 or B143), a betterment test is required to validate the funding. Choices include completion of the RP Project Funding and Cost Planning Workbook for work in crown-owned buildings, or contacting Finance and Administration Branch (FAB) directly for a manual betterment test for those projects with other “focuses” (i.e.: lease, engineering asset, infrastructure, etc.).

Project name: / Date:
Building name: / Version number:
Location: / Project number:
Project Approval sought: / $ / Building ID:
Expenditure Authority sought: / $

1.0 Project information

Refer to Intermediate IAR at Project Approval (PA) and initial Expenditure Authority (EA) for Planning and Design, attached in appendix.

2.0 Project scope

[What has changed since PA]

3.0 Analysis of options

3.1 Options analyzed at PA

Option description / Advantages / Issues/Risks/Disadvantages / Estimated cost at PA
Option 1: Scope / $
Option 2: Scope / $
Option 3: Scope / $
Option 4: Scope / $

3.2 Recommended option at PA

3.3 Variance analysis

Item / PA / EA / Variance
Construction (including contingency) / $ / $ / $
Consultant Fees / $ / $ / $
PWGSC Fees / $ / $ / $
Risk allowance / $ / $ / $
Sub-Total (excluding GST/HST) / $ / $ / $
GST/HST / $ / $ / $
TOTAL / $ / $ / $

Justification/Conclusion of variance analysis:

3.4Risk assessment

[Update with new table if different than PA or mention risks related to the project.]

4.0 Recommendation

Recommend implementation of Option X – [Cost (GST/HST), class estimate, timing and comments]

5.0 Approval authority & funding

[Identify delegated approval authority and source of funding]

5.1 Cost estimate and cash flow table

20xx/20xx / 20xx/20xx / Total
Construction (including contingency) / $ / $ / $
Consultant Fees / $ / $ / $
PWGSC Fees / $ / $ / $
Risk allowance / $ / $ / $
Sub-Total (excluding GST/HST) / $ / $ / $
GST/HST / $ / $ / $
Total / $ / $ / $

6.0 Implementation plan

Project milestones / Date
Simplified Statement of Requirements
Simplified Preliminary Project Plan
Procurement of Consultant
Simplified Project Management Plan
Design
Procurement of Contractor
Simplified IAR – Expenditure Authority
Construction
Close Out

7.0 Approval & signatures

Action / Date / Signature
Presented by:
(Name/Position)
Reviewed by:
(Name/Position)
Recommended by:
(Name/Position)
Approved by:
(Name/Position)

8.0 Appendix

Intermediate IAR at Project Approval (PA)

National Project Management System