Glossary

This glossary of terms applies specifically to this Invitation for Expressions of Interest. Capitalised words and phrases have the meaning set out below.

Term

Meaning

Alliance Charter

the alliance charter (including the Alliance Principles, alliance purpose and alliance objectives) to be set out in the Draft Project Alliance Agreement.

Alliance Development Agreement (ADA)

the alliance development agreement for the Project to be entered into between the Project Owner and the Non-Owner Participant(s) under which the Project Proposal is developed for the approval (or otherwise) of the Project Owner.

Alliance Development Phase (AD Phase)

the phase of the procurement process as described in this Invitation for EOI and to be set out in the Alliance Development Agreement, which commences on the date of the Alliance Development Agreement and ends on the earlier of:

1  the date of execution of the Project Alliance Agreement by the Project Owner and the Proponent; or

2  the date of termination of the Alliance Development Agreement.

Best for Project

an approach, determination, decision, method, solution, interpretation, outcome or resolution that is consistent with the Project Owner's VFM Statement and the Alliance Charter.

Closing Date

the date and time by which the EOI Response must be submitted by the EOI Respondent.

Commercial and Legal Framework

the commercial and legal framework for the alliance summarised in section 5 of this Invitation for EOI and to be more fully described in the RFP and Project Alliance Agreement.

Corporate Overhead and Profit

the Proponent's corporate overhead and profit, being the Proponent's agreed profit margin and a contribution towards recovery of non-project specific (or corporate) overhead costs.

Date for Practical Completion

[insert]

Draft Project Alliance Agreement

the draft Project Alliance Agreement to be included in the Request for Proposal.

EOI Phase

the phase of the Selection Process commencing with the release of this Invitation for EOI and ending at the commencement of the RFP Phase.

EOI Respondent

the organisation or team of organisations that submits an EOI Response.

EOI Response

the response to this Invitation for EOI submitted by an EOI Respondent.

EOI Selection Criteria

the selection criteria listed in section 4 of this Invitation for EOI which the Evaluation Team will apply to the EOI Response.

Evaluation Team

the team selected by the Project Owner to evaluate the Initial Proposals and Project Proposals and make a recommendation to the Project Owner of a Successful Proponent.

Final Shortlist

the shortlist containing the two Shortlisted Proponents to be determined by the Project Owner at the end of the RFP Phase.

Initial Proposal

the proposal submitted by the Proponent in response to the Request for Proposal.

Initial Shortlist

the shortlist of Proponents developed by the Project Owner based on EOI Responses.

Invitation for Expressions of Interest (Invitation for EOI)

this invitation for EOI prepared by the Project Owner for the purposes of identifying suitably qualified Proponents to deliver the Project.

Key Result Areas (KRAs)

the key result areas to be set out in the Draft Project Alliance Agreement.

Minimum Conditions of Satisfaction (MCOS) Performance

the minimum conditions that must be met in each project objective to provide satisfaction to the Project Owner.

National Alliance Contracting Documentation

the alliance contracting documentation published by the Department of Infrastructure and Transport, Commonwealth of Australia, March 2011 (see www.infrastructure.gov.au).

Non-Owner Participant (NOP)

Non-Owner Participant 1 and Non-Owner Participant 2, each a party to the Project Alliance Agreement other than the Project Owner.

Project Alliance Agreement

the alliance agreement for the Project to be entered into between the Project Owner and the Proponent (if the Project Proposal is accepted by the Project Owner in accordance with this Agreement) substantially in the form of the Draft Project Alliance Agreement.

Project

as defined in section 1 of this Invitation for EOI.

Project Owner

[to be inserted]

Project Owner's Value for Money (VFM) Statement

the Project Owner's value for money proposition for the Project to be set out in the Draft Project Alliance Agreement.

Project Proposal

the proposal for the Project which is developed by the Proponent and submitted to the Project Owner at the conclusion of the AD Phase.

Proponent

the organisation or team of organisations on the Initial Shortlist that submits an Initial Proposal in response to the RFP.

Reimbursable Costs

all costs which are reasonably and actually incurred by the alliance participants in connection with the Works (excluding any corporate overhead component not specific to the Works and any profit or mark up of any kind).

Request for Proposals (RFP)

the RFP prepared by the Project Owner for the purposes of identifying and selecting Proponents to participate in the AD Phase.

RFP Phase

the phase of the Selection Process in which the RFP is issued to Proponents on the Initial Shortlist and ending at the commencement of the AD Phase.

Selection Process

the process for selecting the Successful Proponent, comprised of this EOI Phase, the RFP Phase and the AD Phase.

Shortlisted Proponent

the Proponents shortlisted by the Project Owner at the conclusion of the RFP Phase that will advance to the AD Phase.

Successful Proponent

the Proponent selected by the Project Owner to enter into the Project Alliance Agreement with the Project Owner.

Works

the whole of the works and services to be performed by the alliance participants from time to time under the Project Alliance Agreement.