By Douglas and Merna, Tony Lamb
A consultant to the procurement of privately financed initiatives: an indicative evaluate of the procurement approach outlines the idea that of privately financed tasks (PFP) that may be used for either public-private and private-private interactions. employing types from many nations the consultant develops a strong procurement method appropriate to PFP and venture finance in either the ecu and in another country. This consultant presents a scientific strategy for the guidance and assessment of privately financed initiatives (PFP) and providers
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Extra resources for A guide to the procurement of privately financed projects : an indicative assessment of the procurement processes
Aim To introduce competition into the provision of supplies, works and services procured by principal organizations, public authorities, states, regional and local authorities and other public bodies. Objectives . To provide interested bidders with sufficient information to allow them to make an adequate assessment and verification of their interest in providing the services, works or supplies. To operate within the confines of the rules and regulations of the procurement treaty. Developing an OJEC/PIN The various stages involved in developing an OJEC/PIN are illustrated in the flowchart given in Fig.
If the bidders cannot deliver such aspects then the project must either be revised or abandoned. Phase 5 (four to six bidders) A data room is established within the principal organization’s site, containing all the information surrounding the project. From the ISOP the control structure is reviewed and developed to address several issues raised during phase 4. The ITN document is drafted. Schedules, terms and conditions of contracts between the principal and the bidders are devised with the issuance of clarification notes.
BaFO, best and final offer) 26 Privately financed projects: the procurement process Phase 1 Detailed models are not required at this stage; rather an appreciation of the scope, assets and services the scheme is seeking to develop. Phase 2 The OBC is developed based upon the scope formed from the project review. The OBC is submitted to the PRG and provided the PRG accepts the OBC, the principal may continue with the PFP. The decision relating to the acceptance of the business case is twofold, those being of a qualitative and quantitative nature.
A guide to the procurement of privately financed projects : an indicative assessment of the procurement processes by Douglas and Merna, Tony Lamb