As set out in Cabinet Office Circular CO (19) 6: Investment management and asset performance in the state service, for Government departments or Crown entities:
“for all capital expenditure, lease and asset disposal proposals that require Cabinet approval, this two-stage approval process must be followed unless otherwise agreed with The Treasury or monitoring agency.”
Stage 1: Based on the Programme (or Indicative) Business Case; decision-makers consider and approve:
- recommendations for a preferred way forward (short-list options)
- the project to proceed with more detailed assessment of the short-list options,
- the project to engage with market suppliers through a Request for Information (RFI).
Stage 2: Based on the Detailed Business Case; decision-makers consider recommendations to develop and finalise the arrangements for the successful implementation of the preferred option, including proceeding to formal market engagement through a Request for Proposal (RFP) or Request for Tender (RFT) process.'
Useful links
- Cabinet Office Circular CO(19)6, Investment management and asset performance in the state services
- Project or Programme? (in development)
- Benefits guidance
- Investment intensive agencies
- Risk Profile Assessment (RPA)
- Scoping/Point of Entry document
- DPMC policy development guidance
- GCDO ICT standards
- Gateway Reviews - Lessons Learned