Feasibility Studies

The feasibility study report will enable DCLG to ascertain whether there are sufficiently substantial grounds and persuasive reasons to award public funds in the form of a grant for the putative consortium to develop a business plan.

The feasibility study is thus not in itself a business plan but must provide sufficient indication and confidence that the organisations involved have the interest, determination and competence to proceed to the next stage and, from there, have a reasonable probability of forming a successful consortium.

Working on the feasibility study will have significant value to potential consortia members at the outset, namely that it should help establish:

• Whether the potential consortium partners do, in fact, wish to set up a consortium and work within it to achieve efficiency savings, and
• That they have the potential for doing so.

Or:

• That the partners do not wish to pursue the arrangement and fully appreciate why they have taken that decision.

More information about guidance on feasibility studies can be found in NCA's NCA Housing Feasibility Study Guidance (PDF).  Download the Feasibility Study Template here (EXCEL)