Regulated businesses

Defensible investment decisions, for regulated businesses

Regulators expect you to show why each investment is needed, which options were considered and why the chosen one represents value. DevelopVault builds that evidence as the project develops, from first evidence to approved option, ready for your business plan and justification papers.

For regulated businesses

Investment cases your regulator can follow

Proven on live UK energy network programmes and built for any regulated business that has to justify what it spends and why.

A clear needs case

Evidence, issues and risk scored consistently and located on imagery and drawings, with the photos that prove them.

The options regulators expect

Do Nothing as the baseline and a do minimum alongside fuller options, every one costed and risk scored.

Value for money, shown

Cost against target, benefits and remaining risk side by side, with weighted criteria where you need them.

Approval with nothing left open

Stakeholders vote on each option and approval is recorded with who, when and why. Actions that block approval stay visible until resolved.

Audit ready decision packs

PDF, PowerPoint and Excel packs of the overview, drawings, options and evidence for each project.

Can stay in your environment

Can be deployed inside your own estate under your existing permissions, so sensitive data never leaves your control.

SectorsEnergy networksWater & wastewaterRailTelecomsAirports & ports
From project record to justification

Every section of your investment case, already evidenced

Regulators such as Ofgem (energy) and Ofwat (water) expect an investment case to set out the needs case, the options considered (including the baseline and do minimum), how they were assessed, the preferred option, costs, deliverability and the evidence base. This is where each one comes from.

Justification sectionWhere it comes from in DevelopVault
Needs caseIssues and risks scored consistently, located on the image or drawing, with the photos that prove them.
Options consideredEvery option developed from scope items or as a whole alternative, with Do Nothing always included as the costed baseline.
Option assessmentCost against target, benefits, remaining risk, weighted criteria and stakeholder votes, side by side.
Preferred optionThe selected option and a recorded approval: who approved it, when and their notes.
CostsScope items priced from your catalogue and linked to funding lines.
DeliverabilityOpen actions and approval blockers, with owners, due dates and the options they affect.
Evidence baseThe evidence library and a decision pack for each project, in PDF, PowerPoint and Excel.
Option ComparisonOption 1 ★ SELECTEDOption 2 ★ SELECTEDOption 3 ★ SELECTEDDo Nothing (baseline) ★ SELECTED
Your criteria + Add the criteria that matter to you
SummaryDo minimumMinor repairs to the access path, building and fence. Corrosion and pumps left as they are.PreferredMinor repairs, fence replacement and corrosion works, with the pump system repaired rather than replaced.Do maximumAs Option 2, but the pump system is replaced rather than repaired.BaselineContinue inspections and reactive repairs. No planned intervention.
Est. cost ±30%£23,000£170,000£390,000£0
Target cost£19,000£214,000£349,000n/a
Cost against target£4k over (21%)£44k under (21%)£41k over (12%)n/a
Defects closed3 of 87 of 88 of 80 of 8
Remaining risk16 High6 Low0 None16 High
Scope items
1Access path minor repairs £5,000
2Building minor repairs £10,000
3Fence minor repairs £8,000
4Fence replacement £50,000
5Corrosion remediation & painting £75,000
6Repair pump system £30,000
7Replace pump system £250,000
Benefits and trade offs
Benefits
  • Lowest capital spend
  • Deliverable in one season with no outage
  • Closes three lower risk defects
  • Under its target cost
  • Cuts remaining risk from 16 to 6
  • Pump repair buys time without a full replacement
  • Closes every defect
  • Longest asset life before major works
  • Lowest ongoing maintenance
  • No capital spend this period
  • No outage or disruption
Trade offs
  • Over its target cost
  • Corrosion keeps remaining risk at 16, High
  • Pump keeps tripping and leaking
  • Pump seal leak stays open at 6, Low
  • Needs a planned outage of around 2 weeks
  • Pump replacement may follow in a later period
  • Over its target cost, needs extra funding approval
  • Longest outage, around 6 weeks
  • Brings forward pump spend that could wait
  • Remaining risk stays at 16, High
  • Defects worsen and repairs cost more
  • Safety findings stay open
Stakeholder review
OperationsNeutralForAgainstAgainst
EngineeringAgainstForNeutralAgainst
Asset ManagementAgainstForAgainstAgainst
Investment decision
FAQ

Regulated business questions

How does DevelopVault support regulatory business plans?

Price controls such as RIIO from Ofgem, the energy regulator and the price reviews of Ofwat, the water regulator, ask companies to evidence why each investment is needed, which options were considered and why the chosen option represents value. DevelopVault captures that at project level as the work develops: evidence, scope, options, evaluation and decision.

What goes into an investment justification?

Most regulators ask for the needs case and its evidence, the options considered (including a baseline and a do minimum option), how the options were assessed, the preferred option and why, the costs, deliverability and the evidence base behind it all. In energy, Ofgem calls these Engineering Justification Papers.

Which sectors is it for?

Regulated infrastructure such as energy networks, water and wastewater, rail, telecoms, airports and ports. DevelopVault is proven on live UK energy network programmes and works for any regulated business that has to justify its investment decisions.

Can we use our existing data?

Yes. DevelopVault is configured around the data your organisation already holds, such as asset registers, inspection records and cost data. Each new project starts with that information already in place, so your teams spend their time developing options rather than gathering data.

Is it suitable for Critical National Infrastructure data?

It can be. DevelopVault Enterprise can be deployed inside your own environment, where it does not store, copy or host your data and everything stays under your existing permissions.

See DevelopVault in action

A walkthrough using example projects, from first evidence to preferred option. Tell us what types of projects or assets you manage and we'll show how DevelopVault could help.