The NSW Submission of Business Cases Policy and Guidelines (TPG22-04) and the NSW Government Business Case Guidelines (TPP18-06), are part of the investment framework suite of Treasury Policy and Guidelines, supporting evidence-based policy and budget setting in New South Wales.
Who are they for?
NSW Submission of Business Cases (TPG22-04) and the NSW Government Business Case Guidelines (TPP18-06) set out mandatory requirements, recommendations and guidance for NSW General Government Sector agencies and other government entities developing investment proposals.
The objective of developing a robust business case is to ensure resource allocation decisions are well timed, offer value for money, consider and mitigate risks and are consistent with Government priorities and objectives.
NSW Submission of Business Cases (TPG22-04)
NSW Submission of Business Cases (TPG22-04) sets out mandatory evidence requirements for submission of business cases based on Estimated Total Cost (ETC) thresholds for different project types (capital, recurrent and ICT).
TPG22-04 will supersede TC12-19 Submission of Business Case, effective commencing the 2024-25 Budget. TPG22-04 is published as of February 2023 to allow agencies sufficient time to meet new requirements for the 2024-25 Budget.
NSW Business Case Guidelines (TPP18-06)
The NSW Government Business Case Guidelines (TPP18-06) establish a best practice, clear and consistent approach to preparing business cases.
The NSW Government Business Case Guidelines:
- apply to all investment proposals including capital, recurrent and information and communication technology (ICT), as well as policy proposals that impact resource use in the community (e.g., changes to regulations)
- improve the standard, transparency and robustness of investment, policy and regulatory proposals to better inform decision making (e.g., evidence based Cost Benefit Analysis)
- are scalable, so that the level of effort expended on developing a business case is appropriate for the size, complexity and risk of the proposed intervention
- support outcome-based regulation, budgeting and reporting
- link the proposed intervention with outcomes, including strategic Government priorities (i.e., State outcomes)
- consolidate relevant referencing sources for all types of business cases in one document.