7. Approval process
In accordance with the national PPP guidelines, the key government approval steps include:
Stage | Approval Required |
Government approval of project and procurement method | Government approves: a) the investment decision based on a business case; and b) the procurement model based on the procurement options analysis/strategy. |
Government approval of EOI | Government approves release of EOI document. |
Government approval of PSC | Government approves the public sector comparator (may be earlier than this point). |
Government approval of short-listed bidders and request for proposal | Government approves release of list of short-listed bidders and the request for proposal to short-listed bidders. Procurement Review Board approval to the shortlist is required prior to consideration and approval by government generally (see Section Eight below). |
Government approval of preferred bidder | Following evaluation of responses, government approves the preferred bidder. Procurement Review Board approval to the shortlist is required prior to general government consideration and approval (see Section Eight below). |
Government approval of contract execution | Following negotiations, government or the portfolio minister in consultation with the Treasurer approves contract execution and financial close. |
Government approval of material contract variations | Subject to existing delegated authority, there is an ongoing requirement for material contract variations to be considered and approved by ministers. |