This document provides an overview of the PPP procurement process.
It describes the following core stages:
The procurement planning stage, during which key strategic decisions are made (noting that many of these decisions should be during development of the Detailed Business Case, which is covered by other guidance prepared by the Treasury).
The Expression of Interest (EOI) stage, during which the procuring entity conducts an open process to short list a predetermined number of respondents to participate in the Request for Proposals (RFP) stage.
The RFP stage, during which the short listed respondents develop proposals for delivering the project outcomes required by the procuring entity, through an interactive tender process. The procuring entity then evaluates the proposals with the objective of selecting one respondent as the preferred bidder.
The preferred bidder stage, during which the procuring entity negotiates the project agreement with the preferred bidder and its debt providers, and resolves any critical issues identified in its proposal.