16.  Evaluation and negotiation of Final Augmentation Proposals

(a)  Provided all Milestones which are required to have been achieved prior to the State evaluating the Final Augmentation Proposal have been achieved (or waived by the State in accordance with the Augmentation Process Deed), the State will undertake its evaluation and value for money assessment of the Final Augmentation Proposal.

(b)  The State will determine how, or the principles for how, the Final Augmentation Proposal will be evaluated by the State subject to any express provisions or criteria in relation to such evaluation set out in the relevant Augmentation Process Deed or State Brief.

(c)  The evaluation criteria for the Final Augmentation Proposal will be of a quality and level of detail similar to the evaluation criteria contained in the request for proposal for a Partnerships Victoria PPP Project as set out the Partnerships Victoria Request for Proposal template as published on the Partnerships Victoria website at the relevant time.

(d)  Subject to section 17, if the State evaluates the Final Augmentation Proposal as acceptable, the Proponents must negotiate in good faith to finalise the Augmentation Documents, in order to achieve Contract Close by the Date for Contract Close.