The State will develop a Public Sector Comparator (PSC) for the Project based on a reference design that will be developed for the Project.
The PSC will be developed in accordance with the National PPP Policy and Guidelines and will be a key element in determining whether the PPP procurement model achieves value for money for the Project, alongside the qualitative aspects of the Proposals.
The PSC will be used as an affordability benchmark for the Project. There is no longer an assumption that the State will revert to traditional delivery if PSC cost expectations are not met.