After the RFQ process has been completed and a shortlist of qualified bidders has been approved by the Supervisory Committee, a request for proposal (RFP) process shall be used to invite the qualified bidders to submit bids for the Privatization project. The process is intended to identify the bidder offering the best value, so that their proposal may be recommended to the Supervisory Committee and CEDA for award.
The RFP will establish the proposal process, set out the proposal criteria, and describe how the Work Team will review and evaluate each bid submitted by bidders.