A State System Transformation Program

The Program, requesting a $2B+ funding allocation, contracted the services of nD to assist with developing and obtaining approval for their long-term strategy. The approved investment permitted the Program to achieve both short and long-term transformation objectives.

nD resources worked successfully with multiple business areas to achieve the overall objective. Working in close collaboration with stakeholders from across the State, nD resources led the development of a system-wide long-term strategy. A second team of nD resources was engaged to provide subject matter expertise to refine and enhance the baseline costs and benefits estimates. This second team also led the development of a cost model used by the Program to perform various analyses and support the overarching funding request. This model was refined to support numerous deliverables, including a key refinement to the Strategy to address the immediate four-year timeline along with numerous fundamental scope changes. The model was also leveraged by the nD resources to support alternative financing and procurement (AFP) analyses. The AFP analysis extended the model to include co-funding and co-financing options.

nD subsequently led the development of a more detailed, complex, multi-layered financial model and projections, which were used to support the funding request. The original model was expanded to provide greater granularity and detail required to support the rigorous analytical and reporting requirements required to receive approval. It was also modified to project the impact of the State’s upcoming transition to a more contemporary accounting system. The design and development of the capitalization components of the model required the team to assist the Program through an ongoing communication process with its partners to ensure the assumptions alignment to financing authorities. This was especially crucial given that related policies and procedures were still under development throughout the timeframe during which the Program’s financial analysis was being undertaken.