a. A Partnership Project will be approved by:
1. the Director General or his authorised representative, where the Partnership Contract generates revenue or budget savings;
2. the Director General or his authorised representative, where the total cost to be incurred by a Government Entity in respect of the Partnership Contract does not exceed two hundred million Dirhams (AED 200,000,000.00);
3. the DOF, where the total cost to be incurred by a Government Entity in respect of the Partnership Contract exceeds two hundred million Dirhams (AED 200,000,000.00), up to five hundred million Dirhams (AED 500,000,000.00); and
4. the SFC, where the total cost to be incurred by a Government Entity in respect of the Partnership Contract exceeds five hundred million Dirhams (AED 500,000,000.00).
b. Based on the recommendation of the Government Entity, feasibility studies, service quality assurance reviews, facility asset quality and maintenance reviews, and the rules and terms stipulated in this Law and the resolutions issued in pursuance hereof, the DOF and the SFC will issue their written approval of the Partnership Project in accordance with paragraphs (a)(3) and (a)(4) of this Article.
c. No Government Entity may proceed to contract with a Partner unless the Partnership Project is approved by the Competent Authority in accordance with paragraph (a) of this Article.
d. The DOF and the SFC may delegate any of their powers under paragraphs (a)(3) and (a)(4) of this Article to the Director General of the Government Entity party to the Partnership Contract, provided that such delegation is specific and in writing.