We observed that the MCCD project followed a typical procurement process for a large and complex construction project.
Figure 2C Key procurement milestones for the project
Date | Procurement step | Outcome | |||||
2004 | April | Government approves project | Decision to procure a PV project | ||||
| October | EOI released | Market briefing 11 October 2004 | ||||
| December | EOI submissions received | 3 parties short-listed | ||||
2005 | March | Request for Proposal (RFP) released | Issued to 3 bidders | ||||
| April | Bidder workshops | 10 interactive workshops | ||||
| August | RFP submissions received | RFP evaluation starts | ||||
| November | RFP short list | Structured negotiations commence | ||||
2006 | February | Preferred proponent selected | Public announcement | ||||
| March | Contractual close | Contract execution | ||||
| May | Financial close | Commence construction | ||||
Ongoing | Negotiate financial close for commercial precinct | ||||||
2008 | December | Construction completed | Commercial acceptance | ||||
2009 | January | Commence operations | MCET as operator and Plenary as facility manager. | ||||
Source: Victorian Auditor-General's Office analysis of MPV documents.