Final Evaluation of the Structured Financing Facility — Final Report

Final Report

February 2011

Tabled and approved at the Departmental Evaluation Committee on February 23, 2011

Table of Contents

• List of Acronyms
• Executive Summary
• 1. 0 Introduction
  • 1.1 Context
    • 1.1.1 Overview
    • 1.1.2 Latest Industry Trends
    • 1.1.3 Shipbuilding and Government Procurement
  • 1.2 Description of the Structured Financing Facility
    • 1.2.1 Objectives and Activities
    • 1.2.2 Planned and Actual SFF Expenditures
    • 1.2.3 Expected Outcomes and Logic Model
  • 1.3 Purpose and Scope of the Evaluation
  • 1.4 Challenges and Limitations
• 2.0 Methodology and Approach
• 3.0 Findings
  • 3.1 Relevance
  • 3.2 Performance
• 4.0 Conclusions and Lessons Learned
  • 4.1 Relevance
  • 4.2 Performance

Annexes (separate document)

(Note: Annexes are available via an Access to Information Request)

• Appendix A — SFF Funded Projects Since 2007
• Appendix B — Evaluation Matrix
• Appendix C — Interview Guides
• Appendix D — File Review Grid
• Appendix E — Evaluation Advisory Committee
• Appendix F — Bibliography/List of Documents Reviewed
• Annex — Previous Evaluation Findings

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List of Acronyms

ACCA: Accelerated Capital Cost Allowance

OECD: Organization for Economic Cooperation and Development

NSPS: National Shipbuilding Procurement Strategy

PSF: Project Summary Form

RMAF: Results-based Management and Accountability Framework

RBAF: Risk-Based Audit Framework

SFF: Structured Financing Facility Program