The interest of the private sector may be assessed by organizing a conference open to the interested private parties. The main purpose of this engagement is to get preliminary feedback from the private sector on the feasibility of the proposed PPP project. Relevant basic information on the project is provided to the interested parties which may include the type of services to be procured and the demand for such services; types of PPP deals under consideration (BOT, BOO, etc.); likely tenure of the contract; obligations of the parties in broad terms; revenue sharing arrangement; financing, etc.
Engagement with the interested private parties at this stage is a technical consultation and is not related to procurement. Both the government and interested investors are benefited through this type of engagement and consultation. Preliminary response from the private sector can greatly help in refining the project ideas and subsequently in developing a project structure. The implementing agency also benefits by having a better picture of the capacity and interest of the private sector in implementing the project.