2. Key Stages of Post Award Period

The Post-award Contract Management involves four key stages which are mentioned below:

1. Development Stage: includes the process leading up to contract execution, starting from the date of Letter of Award up till the date of commencement of construction consisting of all pre-construction project activities like land acquisition, meeting financial handover, etc.

2. Construction Stage: involves the period commencing from the date of commencement of construction through the commissioning process to the completion of construction as specified in the terms and conditions of concession agreement.

3. Operations & Maintenance Stage: this stage extends for the longest portion of the PPP project development lifecycle. It covers the provision of service by the private partner and the use of such services during the concession period.

4. Handover Stage: includes the period leading up to and after contract expiry or termination.

During the various stages of the post award period, the public entity will need to carry out certain activities which are largely related to management of the contract between the private partner and the public entity. There are various issues that may arise during the post award period which would have a bearing on the project performance. An indicative set of such issues are set out in the diagram given below: