5.  Objectives and Outline of the PPP/PFI Project

Project Aims and Objectives.

[Insert aims and objectives for the project as used in the Outline Business Case and draft Output Specification]

Benefits expected to accrue from the new service delivery model.

The proposed Output Specification

[It is suggested that a copy of the draft Output Specification should be made available to potential bidders]

The proposed Payment Mechanism

[It is recommended that the principles of the Payment Mechanism be explained to bidders]

The proposed Model Contract

[It is recommended that Authorities explain their commitment to standard SOPC contract here]