6.25 Project Agreement

The Working Committee, led by the Project Manager and Alberta Justice, will be responsible for the development of the Project Agreement, including the incorporation of comments from proponents. The Fairness Auditor will participate to ensure the maintenance of fairness in the revisions. Comments on the draft Project Agreement from proponents are processed according to the following procedures:

  Proponents submit their comments on the draft Project Agreement and the related portions of the output/performance specifications to the Contact Person in writing by the specified deadline;

  The Working Committee will meet to discuss the comments and consider revisions to the Project Agreement;

  As part of the process, individual meetings may be conducted with each of the proponents to clarify their comments;

  Alberta Justice will draft the revisions to the draft Project Agreement as agreed by the Working Committee;

  The Project Manager will present the recommended changes to the Steering Committee;

  The updated draft of the Project Agreement will be issued to all proponents via the electronic data room;

  The above six steps of this section will be repeated for the second round of comments from proponents on the second draft of the Project Agreement;

  The penultimate draft form of the Project Agreement will be reviewed by the Steering Committee;

  The penultimate draft of the Project Agreement will be issued to all Proponents via the electronic data room;

■  Steps 1 to 3, 5 and 6 of this section will be repeated for any further comments from proponents on the penultimate draft of the Project Agreement and only written comments are permitted; and

■  The final draft of the Project Agreement will be issued to all proponents via the electronic data room.