The State will procure the Project as an 'availability based' PPP under the Partnerships Victoria Framework, subject to the Successful Respondent's Proposal providing value for money and otherwise satisfying relevant criteria under the framework.
This overarching framework requires compliance with both the:
• National PPP Policy and Guidelines (October 2015); and
• Partnerships Victoria Requirements (November 2016).
Information on the National PPP Policy and Guidelines and the Partnerships Victoria Requirements are available at https://infrastructure.gov.au/infrastructure/ngpd and http://www.dtf.vic.gov.au/Infrastructure-Delivery/Public-private-partnerships respectively.
Respondents should be aware of the following key elements of the Partnerships Victoria Framework.