a) Advisory Committee on Alternative Capital Financing (ACACF) is a committee established by the Minister of Finance to advise Treasury Board on the feasibility and cost-effectiveness of alternative financing proposals including P3s.
b) Alternative Financing includes private financing through P3 contractual arrangements and financing arranged for capital project development by the Government of Alberta (GOA) or by Supported Infrastructure Organizations (SIO).
c) Capital Plan is the current approved capital expenditure plan that documents projects approved to commence in the three years and includes projects proposed within the five-year plan as submitted to Treasury Board.
d) Conventional Project Delivery means the project ownership, management and delivery process that is normally employed by a ministry or SIO, generally a design/bid/build process for developing infrastructure using the private sector consultants and contractors.
e) Deputy Ministers' Capital Planning Committee (DMCPC) is a committee established to oversee capital planning and to advise the Treasury Board Subcommittee on Capital Planning.
f) Public-Private Partnership (P3), for the purposes of this policy, is a form of procurement for the provision of capital assets and associated long term operations that includes a component of private finance. Payment to the contractor is performance based.
g) Supported Infrastructure Organizations (SIO) means local authorities that include school boards, post-secondary institutions and health authorities, and other organizations eligible for GOA capital and/or operating budget support.
h) Treasury Board Subcommittee on Capital Planning is a committee established by Treasury Board to make capital plan recommendations to Treasury Board.
i) P3 Review Committee (P3RC) is a cross-ministry committee established by the Minister of Infrastructure and Transportation to review and provide advice to DMCPC and ministries on alternative procurement opportunities for all projects in the Capital Plan and to recommend which are suitable for P3s.