Before seeking Cabinet approval to begin contract negotiations with one or more proponent, the Responsible Agency, together with NSW Treasury, must complete Table 3 (for approval to appoint preferred bidder) and Table 4 (for negotiation parameters) of Appendix 2. Any departures from the Commercial Principles underpinning the RFP documentation and prior Cabinet approvals need to be explained.
Responsible Agencies should contact NSW Treasury for a template Negotiation Plan.
The terms and conditions submitted to Cabinet must outline the scope of the project and areas for final negotiations, as well as any conditions that must be satisfied for the Government to support the project.
Responsible Agencies should contact NSW Treasury for templates for the Minister's and Treasurer's PAFA Act approval letters.