7.2  Ready to Offer Project

Ready to Offer Project Eligibility Criteria

•  has obtained certainty regarding PPP readiness, technical compliance, market interest, and option of PPP form;

•  has completed environment impact assessment in accordance with laws and regulations;

•  has compiled draft output of detailed specification;

•  has compiled draft structure of tariff;

•  has conducted financial model analysis, allocation and risk mitigation and also granting of Government Support and/or Government Guarantee mechanism, if needed;

•  has compiled draft of SPC procurement planning considering: 

-  potential and interest of Business Entities on PPP

-  proper planning or implementation of procurement schedule; and 

-  determination and readiness of Procurement Committee.

•  has compiled draft of PPP agreement; and

•  has obtained approval from the GCA for PPP initiated by the Business Entity and consent from the stakeholders regarding such PPP.