How can interested private sector investors participate in PPP projects?

The public agency with the mandate for the PPP project has responsibility for the procurement and selection of a private sector investor. The procurement process to be used is detailed in the PPP policy framework, which mainly provides for the option of a single stage or a two stage open and competitive tender process.

The two stage procurement starts with the Request for Qualification (RFQ) being issued to interested investors. An inter-ministerial committee evaluates the qualification submissions to select the pre-qualified bidders. This is followed by issuing the Request for Proposal (RFP) to the pre-qualified bidders. The same inter-ministerial committee will complete the evaluation to recommend the preferred bidder. On selection of the preferred bidder the public agency (supported by the PPP Office) will negotiate on issues specified in the RFP (if any), following which the legal vetting is completed on any non-standard contractual provisions. The public agency will seek final approval from the approving authority, before awarding the contract to the preferred bidder. In the single stage procurement the RFQ and the RFP Stage is combined into a single RFP stage; however the remaining steps remain unchanged.

In both single and two stage procurement processes the public agency may issue a Request for Registration of Interest prior to the formal procurement launch. This is an optional stage designed to support the market engagement process, create awareness and help enhance the procurement documentation.