5.2  Bidder's responsibilities

Irrespective of whether a PBDFC is to be run, it is for the bidder and its financial advisor to submit (in accordance with current practice) a detailed financial model complete with assumptions as to tax, accounting and financial structuring for its bid, including a summary term sheet with margins and terms upon which senior debt will be made available in accordance with Section 5.3. The Authority may apply standard financial terms and pricing in accordance with 5.3.1.