The Full Business Case (and Addendum), the Project Agreement (PA), the Schedules and the Agreed Form Documents attached to the PA are now published on the website. This follows extensive discussions between our partners Forth Health and our professional advisers. It remains the intention of NHS Forth Valley to make as much information about the project available on the website as is possible.
Some sections of the documents referred to above have been redacted (removed). The Board's stated policy is to redact as little as possible from the documents, however the Board consider that some of the information contained within the agreements should be withheld. The Board has also taken the requirements of the Freedom of Information (Scotland) Act 2002 into account when considering the redactions.
Obligations within the PA require the establishment of bank accounts. Details of bank account numbers and sort codes are contained within the documentation. These details have been redacted to protect against fraud and misappropriation. The Board consider that is a legitimate exemption from publication under section 33(1)(b) of the Freedom of Information (Scotland) Act 2002 (substantial prejudice to commercial interests). The Board also considers that the public interest in withholding the information is outweighed by the public interest in disclosing the information
The financial model and the results derived there from are contained within the FBC and the PA. The Financial Model was given to the Board and its advisers on the grounds that it remained confidential. Neither the Board nor its advisers have any direct input to the model. All the information in the Model is provided by a third party; the shareholders of Project Co, its contractors and funders. The Model, in its completed state, was provided to the Board and its advisers for review without input to the information in the Model.
After due consideration, and considering the obligations placed on it by the Project Agreement regarding such information, the Board decided to withhold the Financial Model on the grounds of confidentiality. These redactions have been made under section 36(2) of the Freedom of Information (Scotland) Act 2002 - confidentiality.
The Board, recognising the public interest in the Project, have published some key information that is derived from the model, such as the Annual Service Payment (Unitary Payment) and the Net Present Value (NPV). The release of information relating to the Annual Service Payment and project NPV contributes to the effective oversight of expenditure of public funds and helps demonstrate that the public obtain value for money and are disclosed for this reason.
Where redactions have been made to any of the documentation they are footnoted accordingly.
NHS Forth Valley
Castle Business Park
t - 01786 463031