The Owner must make clear to Proponents that it will not accept any Project Proposal if it is not considered to represent VfM or does not meet the requirements of the Owner's VfM Statement or otherwise the tender selection criteria, and be prepared to do so.
Whilst TOC development processes often develop solutions that the Owner considers will deliver superior VfM to that contemplated in the Owner's VfM Statement, changes that materially depart from the approved Business Case will require approval by the government prior to acceptance (see Chapter 12).