The role of the RFQ/RFP Financial Team is to:
o Conduct a detailed review of the financing submission material and prepare synopses for the Deputy Ministers' Project Steering Committee as required;
o Conduct research on Respondents and Proponents as required;
o Apply the financing criteria against the RFQ and RFP submissions received;
o Assign each submission a preliminary score at the RFQ stage. This score is based only on the documentation received and does not include any consideration of the presentations made to the Deputy Ministers' Project Steering Committee;
o Assign each submission a score or pass/fail as appropriate at the RFP stage;
o Present evaluation results to the Project Manager and the Deputy Ministers' Project Steering Committee as required; and
o Raise and assist in resolving financing issues that arise throughout the transaction process.
The Financial Team should include members of the team that developed the financing criteria, which may include external consultants.