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Growing Local Economies (GLE) Program

December 23, 2018george stanleyEconomics, Project EvaluationNo comments

The Growing Local Economies Fund (GLE) is designed to deliver economic growth and productivity in regional NSW, and is part of the NSW Government’s $1.3 billion Regional Growth Fund. The objective of the fund is to support projects of economic significance in regional NSW.

Further information can be found here.

Our Contribution

As part of this engagement, gsc assisted with evaluating a range of transport related projects submitted under the 2018 Growing Local Economies Program.

More specifically, gsc assisted the project team to:

  • Review and evaluate transport related project submissions
  • Review and validate economic inputs provided by the proponent to determine the projects economic value (BCR).
  • Determine the economic results of the project based on adjusted inputs
  • Prepare an assessment workbook for each project that clearly documented the outcomes of the evaluation (both quantitatively and qualitatively) to be used as a basis for investment decision making.
  • Prepare a written report for each project describing and summarising the outcomes of the evaluation.

gsc also made a unique contribution by developing an assessment framework / workbook that clearly and systematically evaluated the information provided by the proponent (quantitative and qualitative). This assisted the evaluation process by increasing the level of transparency for investment decision making.

If you would like to learn more, or get in touch with us for a similar project, please let us know by completing the form below.

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