NO

ASPECTS

DESCRIPTION

12.

Facilities Available to Facilitate Project Structuring and Transaction Advisory

Project management expertise and support can also be obtained from other government agencies which have embarked on similar PPP projects previously.

13.

Role of Local Government

Not applicable

14.

Risk Sharing Policies/ Practices

- Risks should be allocated to the party who is best equipped to manage and mitigate them.

- There should be optimal, not maximum, risk transfer to the PPP provider.

- The risk allocation must be clearly translated to the PPP contract through the contract terms or the payment mechanism, to effectively realise the benefits of optimal risk management.

15.

Financing Mix Options Allowed

Based on project's needs and overall best value proposal, where applicable.

16.

PPP Promotions/ Marketing Mechanisms

Pre-procurement briefing or market sounding session will be conducted to attract the attention or interest of private sector.

17.

Monitoring and Evaluation

This is conducted at bureau/department level.

18.

Dispute Resolution Mechanism

This should be specified in the PPP contract.