The Steering Committee provides strategic and policy input to the transaction process. It also decides on issues as brought forward by the Project Director. Members of the Steering Committee also serve as part of the expert panel for the Project Director to consult on an as-needed basis for technical matters.
The Steering Committee is responsible for due diligence of the following aspects of the transaction process:
• RFQ/RFP evaluation criteria.
• RFQ/RFP evaluation process.
The Project Director presents the evaluation criteria and process to the Steering Committee for review. The Steering Committee reviews the evaluation criteria to assess whether adequate efforts have been invested in following through the process of determining the evaluation criteria. With respect to the evaluation process, the Steering Committee reviews the presentation to assess whether:
• The pre-established evaluation process has been followed.
• The pre-established evaluation criteria have been applied diligently.
• The pre-established evaluation criteria have been applied consistently.
• The pre-established evaluation criteria have been applied without bias.