At the end of the expression of interest stage, a joint agency/the Department of Infrastructure and Planning/Treasury submission will be presented to Cabinet Budget Review Committee, seeking:
∙ approval of the recommended shortlist of proponents to proceed to the binding bid stage (if the public private partnership alternative is expected to deliver the best value for money) or
∙ approval to proceed with development of the reference project by traditional means (if the public private partnership alternative is not expected to deliver the best value for money outcome) and
∙ direction on any specific policy and/or commercial matters that may have arisen during the expression of interest stage.