Appendix A - Glossary

Note: This Glossary provides the meaning of terms used in this Invitation for EOI

Term

Meaning

 

Addendum

Means any modifications or clarifications to this Invitation for EOI or the RFP issued by the State in accordance with the Terms and Conditions.

 

Associate

Means any officer, employee, agent, consultant, contractor, nominee, licensee, or advisor and:

▪  in the case of a Respondent, includes any Financier and its Associates but excludes the State and its Associates; and

▪  in the case of the State includes:

-  [Insert Project-specific information],

but does not include Respondents and Respondent Members.

 

Associate Obligations

Has the meaning given in Clause 7.10 (Associates) of the Terms and Conditions.

 

Business Day

Means a day in Melbourne that is not a Saturday, Sunday or a public holiday gazetted in the Public Holidays Act 1994 (Vic).

 

Business Hours

Means between 9:00am and 5:00pm on a Business Day.

 

Claim

Means any claim, proceeding, action, cause of action, demand or suit (including by way of contribution or indemnity) made:

▪  in connection with the Project Documents or the Project;

▪  at law or in equity; or

▪  for specific performance, restitution, payment of money (including damages), an extension of time or any other form of relief.

 

Clarification Closing Time and Date

Means the 'Clarification Closing Time and Date' specified in Table 1 set out in Section 1.4 (Tender Process and Project Timeframes) of this Invitation for EOI.

 

Clause

Clause means a clause in the Terms and Conditions.

 

Commercial Acceptance

Means the stage when the [insert Project asset(s)] is ready for [#service / #operation], including the completion of all testing and commissioning works, in accordance with the Project Deed.  

[Guidance note: This definition should be amended to reflect Project-specific requirements.]

 

Competing Respondent

Means any person responding to this Invitation for EOI, other than the Respondent.

 

Contract Close

Means the date of execution of the Project Deed by the State and Project Co.

 

Data Room

Means any data room operated by or on behalf of the State containing information relevant to the Project and includes any Electronic Data Room.

 

D&C Contractor

Means the Respondent Member that is intended to undertake the design and construction of the [insert Project asset(s)].

 

Development Phase

Means the phase from Contract Close until Final Acceptance.

 

Disabling Code

Means any computer software known as a back door, time bomb, logic bomb, trojan horse, worm, drop dead device, virus, or any other computer software or configuration intended or designed to:

▪  permit access to or use of the computer systems or associated data of a Respondent Member other than as expressly authorised by the Respondent Member; or;

▪  disable, damage, corrupt or erase, or disrupt or impair the normal operation of, computer systems or associated data of a Respondent Member.

 

Disclosed Information

Means the following information (of whatever nature, including written, graphical, electronic, oral or in any other form) which is disclosed to, or otherwise obtained by or on behalf of, the Respondent, a Respondent Member or any respective Associate in connection with the Project or the Tender Process:

▪  this Invitation for EOI and the RFP;

▪  any oral or written advice, representations or information given by or on behalf of the State or any of its Associates during the Tender Process;

▪  all material contained in any Data Room; and

▪  each EOI and Proposal to the extent that it contains or would reveal any of the information referred to in the dot points above, any other information which the Respondent, Respondent Member or any respective Associate knows or ought reasonably to know is confidential to the State or any of its Associates or should be treated as such.

 

Electronic Data Room

Has the meaning given in Clause 5.6(a) (Data Room) of the Terms and Conditions.

 

EOI Closing Time and Date

Has the meaning given in Section 11.5 (EOI Closing Time and Date) of the Invitation for EOI.

 

EOI Evaluation Criteria Returnables

Means the EOI Returnables set out in Section D.3 (EOI Evaluation Criteria Returnables) of Appendix D (EOI Returnables) to this Invitation for EOI

 

EOI Form

Means the form to be submitted by a Respondent as set out in Section D.2 (EOI General Returnables) of Appendix D (EOI Returnables) to this Invitation for EOI.

 

EOI General Returnables

Means the EOI Returnables set out in Section D.2 (EOI General Returnables) of Appendix D (EOI Returnables) to this Invitation for EOI.

 

EOI Industry Briefing

Means any industry briefing conducted by the State for potential Respondents, as described in Section 1.5 (EOI Industry Briefing).  [Guidance Note: This term should be deleted if Section 1.5 (EOI Industry Briefing) is not included in the Invitation for EOI.]

 

EOI Phase

Means the phase of the Tender Process which commences on the release of this Invitation for EOI and ends on the selection of the Shortlisted Respondents invited to proceed to the RFP Phase.

 

EOI Returnables

Means the EOI Returnables set out in Appendix D (EOI Returnables) in this Invitation for EOI and comprise:

▪  the EOI General Returnables; and

▪  the EOI Evaluation Criteria Returnables.

 

Equity Investor

Means any entity intending to provide equity funding to the Project.  

 

Evaluation Criteria

Means the evaluation criteria set out in Section 10.2 (Evaluation Criteria) of this Invitation for EOI.

 

Evaluation Sub-Criteria

Means the evaluation sub-criteria set out in Section 10.2 (Evaluation Criteria) of this Invitation for EOI.

 

Expression of Interest (EOI)

Means an Expression of Interest submitted by a Respondent in accordance with the terms of this Invitation for EOI.

 

Final Acceptance

Means the stage when the balance of the works not completed as part of Commercial Acceptance have been completed, including the correction of minor defects, in accordance with the Project Deed.

[Guidance note: This definition should be amended to reflect Project-specific requirements.]

 

Financial Close

Means when the last condition precedent is satisfied or waived in accordance with the Project Deed.

 

Financier

Means any entity intending to provide debt finance to the Project.

 

Glossary

Means this Appendix A (Glossary) to this Invitation for EOI.

 

Holding Company

Means a 'holding company' as defined in section 9 of the Corporations Act 2001 (Cth) of a Related Member.

 

Independent Reviewer

Means the independent party experienced in design and construction of works, who will carry out the role of independent reviewer for the purposes of the Project.

 

Independent Reviewer Deed of Appointment

Means the agreement Project Co will enter into with the State and the Independent Reviewer which appoints the 'Independent Reviewer'.

 

Intellectual Property Rights

Means all existing and future rights in the nature of intellectual property or industrial property (within the meaning of the term 'industrial property' in Article 1 of the Paris Convention for the Protection of Industrial Property) throughout the world, including:

▪  copyright;

▪  trade and service marks (whether registered or unregistered);

▪  designs (whether registered or unregistered);

▪  patents and inventions (whether or not patented or patentable);

▪  internet domain names;

▪  trade, business or company names; and

▪  confidential information and trade secrets,

whether tangible or intangible, which incorporates, embodies or is based on any of the things referred to in the dot points above.

 

Interactive Protocols

Means the protocols set out in the ITP Plan that will apply to the Interactive Tender Process.

 

Interactive Tender Process (ITP)

Means the interactive process during the RFP Phase providing an opportunity for active interface between the State and all Respondents.

 

Invitation for Expressions of Interest

Means this invitation for expression of interest (including all of its appendices).

 

ITP Plan

Means the plan setting out the process and protocols for the conduct of the Interactive Tender Process.

 

ITP Workshops

Means the process of interaction between the Shortlisted Respondents and key Project Stakeholders during the RFP Phase, to be carried out consistently with the ITP Plan and the Terms and Conditions

 

Key Performance Indicator (KPI)

Means the measures of Project Co's performance during the Operating Phase to be set out in the Project Deed.

 

Key Project Issue

Means an issue set out in Section 5 (Key Project Issues) of this Invitation for EOI.

 

Law

Means the principles of common law and equity established by decisions of court, all other statutes, regulations, by-laws, ordinances and subordinate legislation of the Commonwealth, the State or any other government agency and any approvals.

 

Lead Respondent Member

Means the Respondent Member nominated by a Respondent in its EOI Form as its lead representative.

 

Liability

Means any loss, cost, liability or expense whether:

▪  arising from or in connection with any proceeding or claim or not;

▪  liquidated or not;

▪  legal or equitable;

▪  present, prospective or contingent; or

▪  owed, incurred or imposed by or to or on account of or for the account of any person alone or severally or jointly with another or others.

 

Local Content

Under VIPP, the term 'local content' covers all suppliers producing Australian or New Zealand (ANZ) goods or services or when they have added value to imported items.

The 'local content' (ANZ value added activity) of a good or service is determined on a cost basis and is the part of a product or service left once the cost of the international component has been subtracted. It can be expressed by the following equation:

Local content = total cost of the good or service less international content

The content of a good or service may include but not be limited to; fees, tax, margins, profits, tariffs, insurances, freight, transport, engineering, planning, testing and analysis certification, commissioning, manufacturing or provision of service.

Australia and New Zealand are treated as a single market for government procurement under the Australia and New Zealand Government Procurement Agreement. All other jurisdictions are considered 'international'.  Items imported into New Zealand as part of New Zealand-sourced goods and services are considered to be international content.

 

Local Industry Development Plan (LIDP)

Means a plan to be developed by Shortlisted Respondents during the RFP Phase, as described in Section 8.1 (Local Jobs First - Victorian Industry Participation Policy (VIPP)) of this Invitation for EOI.

 

Major Projects Skills Guarantee

Means the policy of the Victorian Government applicable from 1 January 2016 which is located at http://economicdevelopment.vic.gov.au/about-us/
strategies-and-initiatives/major-projects-skills-guarantee
.

 

Major Projects Skills Guarantee Compliance Plan

Means the plan to be provided by Shortlisted Respondents as part of their Proposals at the RFP Phase.

 

National PPP Policy and Guidelines

Means the suite of guidance material published by Infrastructure Australia and available at https://infrastructure.gov.au/infrastructure/ngpd.

 

Negotiation and Completion Phase

Means the phase of the Tender Process following selection of a Preferred Respondent which involves amongst other things:

▪  negotiation with the Preferred Respondent; and

▪  achievement of Contract Close and Financial Close.

 

Notice

Has the meaning given in Clause 14 (Notices) of the Terms and Conditions.

 

Operating Phase

Means the period starting from Commercial Acceptance and ending [insert Operating Phase period] years later (unless the Project Deed is terminated prior).

 

Partnerships Victoria Framework

Means the Victorian Government framework that requires compliance with both:

▪  the National PPP Policy and Guidelines; and

▪  the Partnerships Victoria Requirements.

 

Partnerships Victoria Requirements

Means the State's Partnership Victoria policy.  Further information can be obtained at http://www.dtf.vic.gov.au/Publications/Infrastructure-Delivery-publications
/Partnerships-Victoria/Partnerships-Victoria-Requirements
.

 

Permitted Purpose

Means to:

▪  submit an EOI or Proposal (or consider and determine whether or not to submit an EOI or Proposal) in accordance with the Terms and Conditions; or

▪  comply with an obligation under the Invitation for EOI or the RFP.

 

PPP

private public partnership.

 

Preferred Respondent

Means one or more Respondents invited to proceed to the Negotiation and Completion Phase.

 

Probity Advisor

Means the probity advisor appointed by [insert Procuring Agency] in respect of the Project, as identified in Section 11.3 (Probity) of this Invitation for EOI.

 

Probity Checks

Has the meaning given in Clause 17.5(a) (Probity Checks) of the Terms and Conditions.

 

Project

Has the meaning given in Section 1.1 (The Opportunity) of this Invitation for EOI.

 

Project Advisors

Means the advisors listed in Section 11.2 (Project Team and Project Advisors) of this Invitation for EOI and any other advisor engaged by [insert Procuring Agency] from time to time (whether on an exclusive basis or not).

 

Project Co

Means the private party engaged by the State to execute the Project Deed and deliver the Project.

 

Project Deed

Means the principal contract between the State and Project Co that establish the rights and obligations of the parties in respect of the Project.

 

Project Documents

Means the full suite of documents to be entered into by the State, Project and others for the delivery of the Project.

 

Project Objectives

Means the Project Objectives set out in Section 2.4 (Project Objectives) of this Invitation for EOI.

 

Project Stakeholder Advisor

Means an advisor engaged by a Project Stakeholder in relation to the Project or a Related State Project.

 

Project Stakeholders

Means:

▪  the stakeholders listed in Section 7.2 (Project Stakeholders) of this Invitation for EOI;

▪  any government or any governmental, semi-governmental or local government authority, local council, administrative or judicial body or tribunal, department, commission, public authority, agency, minister statutory corporation or instrumentality having jurisdiction over or involvement in any part of the Project; and

▪  any person notified by the State to a Respondent to be a Project Stakeholder to the extent they have jurisdiction over or involvement in any part of the Project.

 

Proposal

Means a proposal submitted by a Shortlisted Respondent in response to the RFP, including any clarifications or further information submitted or given by a Shortlisted Respondent in respect of the Proposal, under the Terms and Conditions.

 

Public Disclosure Obligation

Has the meaning given in Clause 11.2(a) (Public Disclosure and Freedom of Information) of the Terms and Conditions.

 

Public Sector Comparator (PSC)

Means the hypothetical, risk-adjusted, whole-of-life cost of a public sector project if delivered by Government.

 

Related Member

Means a Respondent Member who is a Related Party of a Respondent Member of any Competing Respondent.

 

Related Party  

Has the meaning given to the expression 'related entity' by section 9 and 50 of the Corporations Act 2001 (Cth) and includes any 'associate' (as defined by sections 10 to 17 of the Corporations Act 2001 (Cth)).

 

Related State Project

Includes other infrastructure projects funded by the State other than the Project, including:

▪  [Insert related State Projects]

 

Request for Proposal (RFP)

Means the documentation issued to a Shortlisted Respondent in relation to which it may submit a Proposal for delivery of the Project.

 

Respondent

Means any person (who alone) or persons (who together), comprising any Respondent Members, submit an EOI.

 

Respondent Member

Means each of the following entities (forming the Respondent) in their individual capacity:

▪  sponsor(s);

▪  Equity Investor(s);

▪  D&C Contractor

▪  Services Contractor;

▪  any special purpose vehicle that is intended to be the party that enters into the State Project Documents with the State; and

▪  any additional entity notified to the State in accordance with the Terms and Conditions.

 

Response Requirements

Means the requirements set out in Appendix D (EOI Returnables).

 

RFP Phase

Means the phase of the Tender Process described in Section 9.2.2 (Phase 2 (RFP) of this Invitation for EOI.

 

RFP Primary Contact

Means the person nominated by each Respondent as the primary contact for the Respondent for the RFP Phase.

 

Risk Allocation Summary

Means the State's proposed risk allocation for the Project set out in the Appendix C (Risk Allocation Summary) to this Invitation for EOI.

 

Section

Refers to a section in this Invitation for EOI (excluding the Terms and Conditions).

 

Service Payment

Means the service payment to be made by the State to Project Co during the Operating Phase, subject to the requirements of the Project Deed (including the performance regime).

 

Services Contractor

The Respondent Member entity that is intended to undertake the [insert services to be provided by Project Co] of the [insert Project asset(s)].

 

Shortlisted Respondent

Any Respondent who is invited to submit an RFP Proposal.

 

Site

Means the [site / sites] on which the [insert asset(s) to be delivered by Project Co] [is / are] to be located, as described in Section 4 (The Site[s]) of this Invitation for EOI.

 

Site Inspection

Means Site inspections made available to Respondents during the RFP Phase as part of the Interactive Tender Process to be carried out consistent with the ITP Plan and the Terms and Conditions.  

 

Skills Guarantee

Has the meaning given in Section 8.2 (Major Projects Skills Guarantee) of this Invitation for EOI.

 

State

Means the Crown in right of the State of Victoria.

 

State Advisor

Means:

▪  a Project Advisor;

▪  a Project Stakeholder Advisor;

▪  an advisor to the State or its Associates in relation to the Project; or

▪  an advisor to the State, its Associates, or any other State government agency in respect of a Related State Project.

 

State Project Documents

Means the Project Documents to be entered into between the State and Project Co.

 

State Representative

The person with overall responsibility for delivery of the Project on behalf of the State, as referred to in Section 11.4.1 (Project Contact and State Representative) of this Invitation for EOI.

 

State Security

Means the State security Project Co will enter into with the State, pursuant to which Project Co grants security to the State over the Project assets.

 

Steering Committee

The committee established by [#Insert Procuring Agency] to assist the State Representative to deliver the Project, as referred to in Section 7.1 (Project Delivery Governance) of this Invitation for EOI.

 

Successful Respondent

Means the Shortlisted Respondent selected to enter into the State Project Documents with the State to deliver the Project.

 

Team Member

Means an individual who is an employee, agent or adviser of a Respondent Member who is directly involved in the Tender Process for that Respondent Member.

 

Tender Box

Means the box at the location specified in Section 11.5 (EOI Closing Time and Date) of this Invitation for EOI into which EOIs must be submitted by the EOI Closing Time and Date.

 

Tender Process

Means the tender process for the delivery of the Project, including each of the following phases:

▪  the EOI Phase;

▪  the RFP Phase;

▪  the Negotiation and Completion Phase,

as described in Section 9.2 (Tender Process) of this Invitation for EOI.

 

Terms and Conditions

Means the Terms and Conditions set out in Appendix B (Terms and Conditions) to this Invitation for EOI and further terms and conditions to be set out in the RFP, or otherwise imposed by the State, in respect of the Tender Process.

 

VIPP

Means the Victorian Industry Participation Policy made pursuant to section 4 of the Victorian Industry Participation Policy Act 2003 (Vic).

 

Validity Period

Means the period to be identified in the RFP.