2. Risk analysis
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Introduction
Stages in the procurement process
Identification of need for capital investment: Initial Agreement (IA)
Identification of preferred option to publication of ITPD
Identification of the preferred option
Demonstration of the preferred option's robustness
Demonstration of the procuring entity's requirements for the Memorandum of Information and ITPD
Development of preferred financing solution and demonstration in FBC
Demonstration of value for money
Testing the assumptions behind the risk analysis
Demonstration of affordability
Demonstration of risk management
Presentation in the FBC
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