Public sector comparator
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.’
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).'
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Gregor Harvie argues that AI is state-sanctioned theft of IP.
Preserving, waterproofing and decorating buildings.
Many resources for visitors aswell as new features for members.
Using technology to empower communities
The Community data platform; capturing the DNA of a place and fostering participation, for better design.
Heat pump and wind turbine sound calculations for PDRs
MCS publish updated sound calculation standards for permitted development installations.
Homes England creates largest housing-led site in the North
Successful, 34 hectare land acquisition with the residential allocation now completed.
Scottish apprenticeship training proposals
General support although better accountability and transparency is sought.
The history of building regulations
A story of belated action in response to crisis.
Moisture, fire safety and emerging trends in living walls
How wet is your wall?
Current policy explained and newly published consultation by the UK and Welsh Governments.
British architecture 1919–39. Book review.
Conservation of listed prefabs in Moseley.
Energy industry calls for urgent reform.
Heritage staff wellbeing at work survey.
A five minute introduction.
50th Golden anniversary ECA Edmundson apprentice award
Showcasing the very best electrotechnical and engineering services for half a century.
Welsh government consults on HRBs and reg changes
Seeking feedback on a new regulatory regime and a broad range of issues.