Economic & Financial Services
Economic services are often the least well understood but are
critical to business, including the business of government. We
provide services covering market demand/supply analysis and modelling,
cost/benefit studies and research, life cycle assessment, costing and
life cycle valuation including associated cash flow projection.
Example
As part of a resource recovery study for Metro Vancouver, we
developed a comprehensive Triple Bottom Line model and detailed cash
flow. Used to assess the highest and best use and value, the
models allowed assessment and development of various options, allowing
refinement of the optimal approach, covering not just financial but also
environmental and ecological results. Further refinement led to a
seven-option cost/benefit analysis with 2,600 individual cash flows.
Although not required, we sought best practice review and following two
review sessions, Dr Michael Goldberg (Dean Emeritus, Sauder School of
Business at the University of British Columbia stated: "...not only
do I think you're right, but I had better check what we're teaching our
students."
For a community of 35,000 people, completed a confidential
review/audit of deferral accounts and reporting by a private partner,
suspected as having created a substantial potential liability for the
community. Identified that the issue was not as suspected but
through restructuring, the community could achieve over $20m in
potential savings and reduce user fees to significantly improve
residential new construction affordability.
The models projected potential savings exceeding $1.14bn. The
Metro Vancouver North Shore study is available in the
library.
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