The RFP stage serves the following purposes:
• Providing the three shortlisted Proponents the opportunity to demonstrate their understanding of the Project, as well as their respective role and responsibilities.
• Allowing Proponents access to the site, the RFP data room and all relevant project related information.
• Providing Proponents with the opportunity to develop their technical and financial proposals.
• Allowing Proponents to review and comment on the draft Project Agreement that will be signed by the Preferred Proponent.
• Finalizing contractually what is being agreed upon as to the design, construction, operation and maintenance as well as the required payments.
The RFP typically consists of three volumes that provide complete information package to proponents;
1. Instructions to Proponent
2. Project Agreement
3. Performance Specifications (Technical Requirements)