Paxon acted as financial and commercial peer reviewer to Building Queensland for the business case for Nullinga Dam and Mareeba Dimbulah water supply scheme improvements.
Building Queensland developed a business case to deliver a new dam, or potential modifications to existing dams, to meet growing water needs in Northern Queensland.
As part of the project assurance process, Paxon provided an audit of financial modelling and a review of all commercial and financial aspects of the business case.
Building Queensland Client
2018 - 2019 Years
Cairns, QLD Location
$300 million Project Value
Financial and Commercial Peer Reviewer Roles
Paxon’s independent input and review of the financial modelling and commercial assessment ensured the business case passed the Building Queensland gateway review and provided financial and commercial findings which supported the conclusion of the business case.
The business case revealed construction of the proposed Nullinga Dam was neither financially nor economically viable.