The State intends to select the Proposal that offers the best value for money, both from a quantitative and qualitative perspective, consistent with the principles contained in the Partnerships Victoria Framework and based on the Evaluation Criteria set out in Section 10.2 (Evaluation Criteria).
In determining best value for money, the State will consider the various solutions bid by Respondents with regard to the design, construction and financing of, and the delivery of the Services for, the Project. This assessment will consider value for money across all elements of the Project on a holistic basis.
An assessment will be made of the financial and risk consequences to the State of each Proposal. Should Respondents propose solutions that result in quantifiable operational efficiencies for the State, the State will consider any demonstrable savings when comparing Proposals to the Public Sector Comparator (PSC) (including, for example, impacts on the State's costs).