There are a number of price elements of the project which are crucial to delivering an alliance which satisfies the Owner's VfM objectives. As explained in section 2.7 of the Guide, the Owner evaluates price elements of the project as part of the tender process in order to comply with Government procurement policies (unless an exemption is obtained).
There are broadly three approaches for selecting the NOPs on the price elements of the tender selection criterion as described below:
• full price selection process;
• partial price selection process; and
• non-price selection process.
Aside from government policy considerations, the key difference between the three options is the level of completeness and detail provided by the Proponents in their Project Proposal, and the opportunity they have to differentiate themselves, before they are selected as the preferred Proponent.