Refine the project appraisal

3.2.20 Before issuing the Invitation to Tender (ITT) at this stage of the PPP tender, the GPE should consider whether the assumptions of its business case analysis done before the issue of the EOI are still valid, i.e. whether PPP is likely to yield value for money for the GPE.

3.2.21 Before issuing the ITT, the GPE should as far as possible draw up a list of questions that potential bidders may raise. The response to each of the questions must be carefully drawn up and approved internally (if need be, by its legal advisor), so that the GPE is ready with its stance on the possible queries which bidders may raise during the clarification stage after the issue of the ITT. Any inter-agency issues such as indicative valuation of the land and land use planning parameters should be resolved before the calling of the tender.