The interest of the private sector can be assessed by organizing a procurement briefing/conference open to the interested private parties. The main purpose is to get some feedback from the market on the feasibility of the proposed PPP project. On this occasion, relevant basic information on the project is provided to the interested parties. Both the government and the interested investors are benefited through this pre-procurement engagement and consultation.
The implementing agency can structure, refine, and subsequently tender documents and terms in such documents in a better way with the feedback received at this stage. The engagement with the interested private parties is considered a technical consultation and is not intended for any other purpose related to procurement. Also, at this stage no commitment is expected from any side.
An additional advantage of this process is that it helps the government to establish prequalification criteria and develop a general schedule of requirements.