The project team will establish a transaction schedule at the start of the project which will be updated as necessary. A sample schedule is shown in Table 2.
Any change to the schedule will be communicated to all individuals involved in the project. Where appropriate, the respondents/proponents are notified of the revised schedule in writing.
Table 2: Sample Project Schedule
Key Milestones | Tentative Date |
Issue RFQ |
|
Closing of RFQ |
|
Approval and announcement of short-listed Respondents |
|
Issue RFP |
|
Technical Meeting #1 |
|
Agreement Meeting #1 |
|
Closing of Concept/Optional Innovation Submissions |
|
Closing of Preliminary technical submission |
|
Technical Meeting #2 |
|
Agreement Meeting #2 |
|
Closing of Detailed technical submission |
|
Issuance of final draft version of Agreement |
|
Closing of Final submission |
|
Notification of Preferred Proponent |
|
Legal Agreement execution |
|
Design and construction |
|
Detailed schedules are included in the RFQ and RFP documents.