PURPOSE AND SCOPE

The purpose of this procedure is to ensure proper establishment of an Investment Case from a proposed Investment Need identified in the Capital Plan, taking into account all of the internal and external drivers to obtain financial sanction and the maintenance of that Investment Case through delivery to closure.

This procedure sets the framework within which each investment is identified for inclusion within the Capital Plan and should be developed, sanctioned, delivered and closed. Departure from the process set down in this document must be by exception and with the joint agreement of the Asset Investment Manager, System Design Manager and System Strategy Manager in Electricity Network Investment (ENI) and the Construction Technical Assurance Manager. The Investment Team Leader (ITL) shall ensure that the process to be adopted is clearly recorded.

This process is applicable to all load and non load related capital investment in the National Grid Electricity Transmission System. The process is based on the provision of development and project management activities being provided by a Construction Delivery Unit. This procedure does not apply to IT investment. Unlicensed works where intrinsically linked to licensed works should be developed within the framework of this Procedure.

Note: This document regularly references other transmission procedures throughout.