10.  Public sector comparator requirements

The public sector comparator (PSC) is to be approved by government at project approval or, at the latest, prior to the release of the request for proposal document. Any subsequent material changes must also be approved.

Procuring agencies are to consult NT Treasury on the appropriate discount rate for use in developing and assessing project finance with NT Treasury also involved in the construction of the PSC and subsequent assessment of tender responses against the PSC.