Description
This Disaster Cost-Benefit Framework (the Framework) is a Treasury Policy and Guidelines paper that sets out how to undertake disaster resilience cost-benefit analysis (CBA). The Framework sits under and follows the same principles and requirements of the NSW Government Guide to Cost Benefit Analysis (TPG23-08) (CBA Guide), which applies to all NSW Government initiatives.
The Framework aims to improve the robustness and consistency of disaster resilience CBAs to support decision making and well targeted investment. It identifies guiding principles to support development of initiatives that support disaster resilience alongside methods, data sources and standard parameters to support their appraisal. The information provided is supplementary and intended to make it easier to complete high quality CBAs of initiatives that support disaster resilience. It includes mandatory and recommended policy principles and guidance that should be applied as relevant and practical, depending on the size, importance, and nature of the initiative.
Attachments
Detailed Outline
This Disaster Cost-Benefit Framework (the Framework) is a Treasury Policy and Guidelines paper that sets out how to undertake disaster resilience cost-benefit analysis (CBA). The Framework sits under and follows the same principles and requirements of the NSW Government Guide to Cost Benefit Analysis (TPG23-08) (CBA Guide), which applies to all NSW Government initiatives.
The Framework aims to improve the robustness and consistency of disaster resilience CBAs to support decision making and well targeted investment. It identifies guiding principles to support development of initiatives that support disaster resilience alongside methods, data sources and standard parameters to support their appraisal. The information provided is supplementary and intended to make it easier to complete high quality CBAs of initiatives that support disaster resilience. It includes mandatory and recommended policy principles and guidance that should be applied as relevant and practical, depending on the size, importance, and nature of the initiative.
Overview
Who needs to know and/or comply with this?
- Advisory Entities (including Boards and Committees)
- Councils under the Local Government Act
- Departments
- Executive agencies related to Departments
- Separate agencies
- State Owned Corporations
- Statutory Authorities/Bodies
- Subsidiaries of the NSW Government established under the Corporations Act
- Universities
Compliance
- Mandatory
AR Details
- Date Issued
- Oct 30, 2023
- Review Date
- Oct 30, 2028
- Replaces
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- Replaced By
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Contacts
- Contact
- Phone
- Publishing Entity
- The Treasury
- Issuing Entity
- The Treasury