25.3  Request for Proposal ("RFP")

a)  The Contracting Authority shall ensure that the RFP document contains detailed information and instructions required to submit a Proposal (Technical Proposal and Financial Proposal). It shall stipulate the technical and financial criteria. The draft PPP Contract shall also be annexed to the RFP document.

b)  The Contracting Authority shall develop the RFP document and the draft PPP Contract based on the outcome of the feasibility study, feedback form the market and/or Shortlisted Bidders and on the model documentation issued by the PPP Authority (where available), and as amended from time to time.

c)  The Contracting Authority shall send the RFP document (copied to the Applicable Line Ministry) to the PPP Authority for its concurrence prior to issuing the RFP document. The Applicable Line Ministry may forward any comments and/or observations that they have to the PPP Authority for its consideration. The PPP Authority may also request any feedback from the Applicable Line Ministry.

d)  Upon obtaining the concurrence of the PPP Authority, the Contracting Authority shall issue the RFP document.

e)  Once issued, the process to be followed shall be as set out in the RFP document up until selection of a Preferred Bidder and completion of negotiation (where applicable).