1.1 Purpose
The purpose of a Procurement Options Analysis is to shortlist and select the appropriate procurement methodology that best achieves the procurement objectives. A Procurement Options Analysis will include the decision-making rationale for selecting the procurement method.
The Options Analysis may be part of, or followed by, a Procurement Strategy that deals with further procurement matters such as timetable and other related competitive tendering issues. Individual jurisdictions may have specific guidance on developing a procurement strategy.
For the purposes of this Guideline, the following terms are used:
The analysis undertaken to determine the delivery methodology. | |
The high-level plan to achieve procurement objectives through a structured program of activity. It usually includes: • a statement of objectives; • a description of the requirement; • an analysis of project and procurement risks; • an analysis of market and agency capability; • an analysis of the procurement method options which identifies the preferred methodology; • contract management arrangements; and • other elements. |