6.1  When might bidders wish to secure early lender support?

There may be reasons associated with a bidder's financial standing or its proposed financial or contractual structure that mean that the bidder perceives it could be disadvantaged if the Authority chooses to proceed as in Section 5.3.1. If this is the case the bidder may decide, for reasons specific to its bid, to submit a variant bid with the support of its finance providers.

This route should be an exception for bidders and not a default solution to every financing uncertainty. Before selecting this course of action a bidder should discuss its intent with the Authority. If the Authority does not subsequently ratify the terms of the competitive process for selecting lenders any right-to-match given by the bidder to the lenders will be forfeited if the Authority selects the variant.