Minimum Criteria for Evaluating Commercial or Contractual Change

In evaluating likely or proposed material commercial and/or changes to a PPP contract, government entities and the ISFU should, at a minimum, take into account:

•  value for money

•  the benefits and costs of the changes to Government and the private party

•  impact on the State Budget and project affordability

•  the impact on the allocation and management of risks and avoiding creating an undesirable precedent

•  continuing viability of the project

•  external market forces