7.2  Evaluation Criterion E2: Financial Model Assumptions

Evaluation Criterion E2

Financial Model Assumptions

The State will evaluate:

The robustness and sustainability of Respondents' financial assumptions.

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

▪  The appropriateness and sustainability of the financial assumptions, including:

-  design and construction cost;

-  [operating and] maintenance costs;

-  refurbishment costs;

-  accounting treatment;

-  taxation;

-  insurance; and 

-  the financing solution;

▪  the degree to which the Development Phase payment profile between Project Co and the D&C Contractor, the Services Contractor and other Key Subcontractors provides appropriate commercial incentives to achieve key Project deliverables; and

▪  the competitiveness of the Modification allowances for the capital and service components of Modifications

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