“The $107.5mil Better Business Case for the rebuild of our scientific facilities was a critical milestone in the restoration of the University following the Canterbury earthquakes. It comes at a time when we look to increase our contribution to New Zealand’s land based industries through establishing the Lincoln Hub. Patrick was part of the multi-disciplinary expert team which prepared our business case. This case was rated one of the best ever received by Government. He delivered a broad range of contributions in research, analysis, coordination and writing, which he adapted to the changing needs of the project. Patrick’s contribution significantly contributed to the success of our case.”
Background and aims
Lincoln University was significantly impacted by the 2010/2011 Canterbury earthquakes, with damage to its two largest science buildings resulting in 40% of its academic floor space being deemed permanently unusable.
In order to secure financial assistance for replacement facilities from the New Zealand Government, the University was tasked with preparation of a New Zealand Treasury Better Business Case.
Our role
Global Research assisted Lincoln University with preparation of the Better Business Case to secure funding for the rebuild of its science facilities. It provided specific input into the strategic section of the case and supported the development of the other four sections - economic, commercial, financial and management.
Design and method
GR worked alongside the Lincoln University team and other specialist financial consultants, economic modellers, quantity surveyors and architects to prepare a cohesive and thorough case for the rebuilding of the campus. GR applied a range of skills including literature review, strategic analysis, professional writing, information presentation, project coordination and review.
Result
Lincoln University completed its business case in early 2014. A robust strategic case was comprehensively supported by financial modelling and project and capital management plans. The business case document has been highly acclaimed for its quality by both independent quality assurance consultants and government officials.
The case was successful. Lincoln University is being supported by the Government to rebuild its campus, with the announcement of $107.5m cash injection made on 17 July 2014.
Outcome
Lincoln University continues to train New Zealand’s future primary industry leaders and conduct world leading research, and now with increased certainty about its future. Through close links to its primary industry based Lincoln Hub partners it is aiming to grow its impact on the sector with the greatest influence on New Zealand’s economic, environmental and social future.
New Zealand is better placed to make the most of international opportunities that continue to present themselves, in a world where food security and environmental sustainability is becoming increasingly critical.