Q18. If a Partnerships Victoria bidder proposes an innovative variant bid, should there be another PSC to compare it with value for money?

Usually no, but this depends on whether constructing another PSC is reasonably fair as a process. (There are probity issues in incorporating details of innovative bids into the PSC, as this can amount to illegal use of someone else's intellectual property.) The PSC may need to be adjusted, however, for assessment against that bid to reflect different service standards, risk allocation etc.