The Procurement Plan shall include:
a) a summary description of the project including:
1. an overview of what is to be procured.
2. the need which the project is intended to address.
3. the project objectives.
4. anticipated technical parameters for the project.
5. proposed Privatization.
6. Privatization payment mechanism.
7. Privatization risk allocation.
8. A description of the anticipated market, and whether national or international partners will be sought.
9. A description of the advertising and marketing program and other steps that will be taken to engage industry.
b) A procurement work plan, identifying the procurement schedule, each step in the procurement process, the timeline for activities, responsibilities during each phase, and method for measuring progress. The work plan shall include a description of the record keeping that will be employed.
c) The procurement method to be used, whether restricted or open competitive procurement approaches are sought, the process for and whether comments, mark-ups, and/or alternative technical concepts will be permitted, a description of the key qualification criteria, procurement risks and how they will be mitigated.
d) A procurement staffing plan, identifying each position required for the procurement, with their role and responsibilities clearly defined. The staffing plan will include the duration of their involvement, full or part-time participation, and whether the role can be undertaken by in-house staff or external advisors will be needed.
e) A procurement budget. Note that although NCP may provide financial support for advisory requirements, a total budget, showing estimated in-house staff costs, estimated advisory costs, and estimated other costs, shall be prepared.
f) Indicative equity and debt term sheets setting out the overall debt/equity structure deemed appropriate for the project, level of equity participation required including minimum equity requirements (based on consultation with NCP), and type of debt funding including bond, project, corporate finance (including types of support / guarantees required e.g., parent company guarantees), etc.
g) Draft of the proposed Privatization contract.
h) A Stakeholder Engagement Plan in accordance with this Manual.