8  Applicability

8.1  The Policy shall be applicable in the following cases:

a.  The proposed PPP Project to be undertaken through G2G partnership must fall within the definition of Project under the PPP Act; and

b.  Any of the following conditions must be met:

i.  The total cost of the Project must be more than or equal to BDT 2,000 crore; or

ii.  In case of projects costing less than BDT 2,000 crore, the project must be used for launching a subsequent PPP Project or a programme of PPP projects costing more than or equal to BDT 2,000 crore.