Changes

On the Initiative sheet you entered the Price Year to be used in the analysis, which is an important aspect of the units of measurement. If the unit price info was pulled from an older document, then the price may not align with the Price Year on the Initiative sheet. This is normal, but you just need to specify the price year for the unit price information. The RCC will then automatically convert this value to 2012 prices for the one-for-one rule (if applicable), and to the price year selected on the Initiative sheet everywhere else.  

On the Initiative sheet you entered the Price Year to be used in the analysis, which is an important aspect of the units of measurement. If the unit price info was pulled from an older document, then the price may not align with the Price Year on the Initiative sheet. This is normal, but you just need to specify the price year for the unit price information. The RCC will then automatically convert this value to 2012 prices for the one-for-one rule (if applicable), and to the price year selected on the Initiative sheet everywhere else.  

====== Annual Frequency ======

 

===== Annual Frequency =====

Sometimes the regulatory text will explicitly state how often stakeholders must conduct a regulatory activity (e.g., "do Activity X twice per year"). In these situations the appropriate frequency to enter in the RCC is usually straightforward.  

Sometimes the regulatory text will explicitly state how often stakeholders must conduct a regulatory activity (e.g., "do Activity X twice per year"). In these situations the appropriate frequency to enter in the RCC is usually straightforward.  

The lowest frequency that should be entered is 1 divided by the total length of the analytical period (e.g., 1/10 for a 10-year analytical period). Any frequency lower than this will be equivalent to a frequency of 1 divided by the length of the analytical period, since the first cohort will not incur the cost a second time within the analytical period, and in all years after year 1, the same new entrants will incur the cost.     

The lowest frequency that should be entered is 1 divided by the total length of the analytical period (e.g., 1/10 for a 10-year analytical period). Any frequency lower than this will be equivalent to a frequency of 1 divided by the length of the analytical period, since the first cohort will not incur the cost a second time within the analytical period, and in all years after year 1, the same new entrants will incur the cost.     

===== Labour: Internal or External Overhead =====

 

 

'''Labour: Internal or External Overhead'''

 

'''Labour: Staff Level (hourly wage without overhead)'''

===== Labour: Staff Level (hourly wage without overhead) =====

'''Error check:'''

===== Error check =====

The Error Check column contains a formula that checks for common mistakes and gives you a written explanation of how you could/should fix them. It is simply a series of IF statements joined by the "&" operator. If you accidentally delete this formula then the error check functionality will no longer work. You can resolve this problem by re-downloading the RCC or typing the following formula in the error check column (or a new column entirely if you've deleted the whole thing): "=ErrorCheck". Try to implement the suggested solution before reaching out for further assistance.  

The Error Check column contains a formula that checks for common mistakes and gives you a written explanation of how you could/should fix them. It is simply a series of IF statements joined by the "&" operator. If you accidentally delete this formula then the error check functionality will no longer work. You can resolve this problem by re-downloading the RCC or typing the following formula in the error check column (or a new column entirely if you've deleted the whole thing): "=ErrorCheck". Try to implement the suggested solution before reaching out for further assistance.  

All other error messages will be shaded in red, indicating that something is wrong and should be resolved before you submit the RCC to TBS.  

All other error messages will be shaded in red, indicating that something is wrong and should be resolved before you submit the RCC to TBS.  

'''Assumptions/Notes:'''

===== Assumptions/Notes =====

Be sure to add any assumptions and/or notes that would justify the values you enter for the various input parameters. This will help your future self, your colleagues, and your TBS analyst. An RCC submitted to TBS without notes will delay approvals, since your analyst will have to ask you for an explanation of your assumptions.  

Be sure to add any assumptions and/or notes that would justify the values you enter for the various input parameters. This will help your future self, your colleagues, and your TBS analyst. An RCC submitted to TBS without notes will delay approvals, since your analyst will have to ask you for an explanation of your assumptions.