Economic Analysis and Commercial Advisory

Informed decision making is increasingly important in constrained financial environments. We have worked with a range of government and commercial clients over many years to provide the economic analysis of projects to determine the return on investment. Understanding the economic impact of investment and commercial decisions can be the difference between a successful expenditure and a white elephant.

SGL has specialist economic expertise in all forms of economic, business case development and commercial analysis expertise.

Relevant Services

  • Economic Impact Assessment
  • Economic Development Strategy
  • Procurement Strategy and Management
  • Contract Negotiations

Economic Impact Assessment

Economic impact assessments analyse the direct, indirect and induced benefits from any given project. One of the principal considerations is the multiplier effect developed from the project, especially relating to employment and expenditure. Economic impact assessments assume that employment will increase as an outcome of a project, without any wage or price effects. Economic impact assessments are important tools that provides insights into impacts on things like jobs, revenue in the region, and overall profits. It can also provide an objective way to measure the success of a project, such as the opening of a new swimming pool or cultural precinct. Increasingly, successful project approval need to demonstrate positive economic impacts, that will have a discernible impact on employment growth over the period of construction and/or operation of the project.

Economic Development Strategy

Local government authorities are required to develop economic development strategies over a period of time. An effective economic development strategy takes into account the key economic factors that drive industry, residential, retail and commercial activity within a specific local government area. These factors include analysis of key demographic, geographic, industry and employment data that contribute to the economic infrastructure of a region. As part of developing an economic development strategy SGL considers the latest global, national and regional trends, to ensure identified initiatives are effective and tangible with measurable economic development dividends from projects.

Economic Development Strategy

Procurement Strategy and Management

The procurement strategy should be considered during the project development phase at a point in time depending on a number of factors. These factors include corporate needs, environment, degree of scope definition, time and cost considerations and the quantity and location of available resources. SGL has extensive experience in project management to ensure the provision of a timely, cost effective and quality service to clients. SGL have real world experience of practices and processes of procurement management so that personnel/goods/service acquisition activities do not become isolated incidents but relate to an integrated whole upon which to build a successful project management practice.

Contract Negotiations and Transaction Advisory

Applying an approach to diligence and transaction structuring that is deal and client specific we help public sector and community organisations to procure new property and infrastructure assets and to divest those that are no longer fit for purpose. Smart transaction processes result in assets that communities value and want to use. We customise a transaction model to suit your specific needs and ensure it is aligned with your overall objectives. Our focus is on ensuring that transaction activities are completed on time, on budget and in line with expectations.

Our process

Case studies

Lightsview Recreation Hub Economic Impact Assessment, Adelaide (2018)
The Lightsview Recreation Hub was seeking funding support for development of an Indoor Recreation Hub with four indoor sports courts. The project was estimated to be an $18million construction with funding to be provided by the Port Adelaide Enfield Council and the South Australian Government. The economic impact assessment identified the direct and indirect (or […]
Town of Gawler Economic Development Strategy, South Australia (2020)
The Town of Gawler was provided a government grant to develop a new five-year economic development strategy, to identify future economic infrastructure and activation opportunities for the Town located beyond the outer fringe of Adelaide and contiguous to nearby agricultural cropping land. This project required analysis of key economic factors including demographic, workforce, industry, and […]
Aquatic Management Tender – City of Casey, Melbourne (2017- 2018)
SGL provided management advisory support for the 10-year management tender for the City of Casey’s two principal aquatic facilities, Casey ARC and RACE. SGL provided advisory support to the Casey team, including input into preparation of the tender documents and advice regarding assessment criteria and weightings, being an independent member of the Tender Assessment Panel, […]

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