If the final Procurement Plan contains material revisions from that approved as part of the Third File, it shall be submitted to, the Supervisory Committee for review and approval. In reviewing the Procurement Plan, the Supervisory Committee will consider whether the Procurement Plan reflects the Third File and the Procurement Plan is likely to deliver the functional requirements and desired outcomes of the project, including Value for Money.
The Work Team shall present the Procurement Plan to the Supervisory Committee, answer any questions related thereto, provide supplementary information upon request, and provide supporting rationale for the procurement approaches and methods to be implemented.
The Supervisory Committee, upon completion of its review, will take one of the following actions:
a) If all NCP requirements for the development of the Privatization project process have been met, and the Procurement Plan is complete, sufficient, and in accordance with NCP requirements, the Supervisory Committee will approve the Procurement Plan and the Work Team may proceed with the procurement.
b) If the Supervisory Committee does not concur with the proposed revisions, it may reject them and require that the Procurement Plan approved at the Third File be followed.
c) If there appear to be errors, omissions, or insufficiencies in the process or the Procurement Plan, but the Supervisory Committee believes that these problems are resolvable, the Supervisory Committee shall identify the problems and require that they be remedied. The Work Team shall then comply with any procedural requirements and/or revisions to the Procurement Plan, and resubmit the Procurement Plan to the NCP.
d) If there appear to be errors, omissions, or insufficiencies in the process or the Procurement Plan, and the Supervisory Committee believes that these problems are not resolvable, the Supervisory Committee shall identify the problems, decline to approve the Procurement Plan, and the Supervisory Committee shall direct the Work Team to take such remedial actions as it may deem necessary, at the Supervisory Committee's discretion.