Evaluation and final negotiation phases

The Partial and Final Project Proposals are evaluated against separate project specific and pre-determined selection criteria based on the four components (project solution, team, commercial arrangements and TOC) including the observations of the Owner Participants over the selection phases.

If the Owner is not satisfied with the preferred Proponent's Final Project Proposal, they can revert to the second Proponent to negotiate a Final Project Proposal that satisfies the Owner's VfM Statement.