5.1.2 Public Sector Comparator ("PSC")
In a PPP project, the PSC forms a key part of the evaluation process. In the absence of other factors, if no bid offers value for money, government may elect not to proceed with the project as a PPP. The PSC should be finalised prior to issuing the RFP and only altered following receipt of bids for the purpose of comparison with RFP responses (where variances occur and are permitted), or to rectify an error. Timing with respect to the approval of the PSC will be determined on a jurisdictional basis.
Further information on the compilation of the PSC is contained in Public Sector Comparator Guidance.