NO

ASPECTS

DESCRIPTION

12.

Facilities Available to Facilitate Project Structuring and Transaction Advisory

Project management expertise and support from the Centre of Public Project Management and 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 realize 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

Upcoming PPP projects are to be included in the semi-annual pre-procurement plan published by Government agencies in GeBiz, the Government's one stop e-procurement portal.

17.

Monitoring and Evaluation

This is conducted at agency level.

18.

Dispute Resolution Mechanism

This should be specified in the PPP contract.