Guidance note: Delete reference to Pre-Agreed Modification(s) in this Proposal Requirement if Section 5.4.7 (Pre-Agreed Modifications (PAMs)) of Volume 1, Part A (General Information and Instructions to Respondents) is deleted.

Delete reference to State Contribution(s) in this Proposal Requirement if the Project does not provide for the payment of a State Contribution by the State and Section 5.5.1 (#State Contribution / #State Contributions) of Volume 1, Part A (Project Overview and Instructions to Respondents) is deleted.

The form of the Financial Proformas to be completed by Respondents has not been specified in RFP template.  The form of the Financial Proformas should be developed on a project-by-project basis in consultation with the Project Commercial Advisor.

Evaluation Criterion C3

Financial Capacity

The State will evaluate:

The financial capacity of the Respondent and the Respondent Members to deliver the Project in its entirety.

In evaluating this criterion, the key issues that will be considered include:

▪  Respondents' proposed approach for delivering a robust and sustainable financial solution;

•  the financial strength of each Respondent Member including the ability to fulfil its obligations and bear/manage the risk associated with those obligations; and

•  the level and appropriateness of financial support provided to the Respondent Members, including credit enhancements, bonding and parent company guarantees and the financial strength of the entities providing support.