The purpose of this section of the P3 business case is to:
1. Articulate the sponsor's policy and process framework for establishing an accessible, fair and competitive environment to secure a private sector partner for the project;
2. Define the human and financial resources to be dedicated to the execution of the procurement;
3. Develop a governance framework to oversee the procurement; and
4. Provide the project team with high-level guidance and overall direction on next steps.
This section of the P3 business case is important because it:
• Helps to understand the degree to which the sponsor has planned ahead for the execution of the project;
• Helps to ensure that the sponsor has laid an appropriate legal and policy framework for the procurement;
• Gives PPP Canada clarity on the project's future direction and anticipated key milestones; and
• Allows PPP Canada to lend its procurement expertise to the project in order to ensure that it is procured according to best P3 procurement practices.
