All public infrastructure projects with a Total Estimated Investment (TEI) in capital goods over $50 million, are required to evaluate a PPP as a potential procurement method with regard to the value for money drivers, when conducting a procurement options analysis and seeking government approval for a project. Projects of less than $50 million may also be suitable for PPP delivery if they exhibit sufficient value for money drivers. The capital threshold may also be triggered by bundling projects together.
The procurement options analysis is to be done in accordance with the National PPP Guidelines Procurement Options Analysis, and Victorian guidelines such as the Victorian Gateway Initiative Project Lifecycle Guidelines - Procurement Strategy Guidelines.