1. Does the Feasibility Study justify the need for the project in terms of satisfying an essential public requirement?
2. Is there a clear understanding of the Government Entity's objective for this specific project?
3. Have the key Stakeholders relevant to this particular project been identified?
4. Have the relevant elements of the output specification been appropriately detailed, such that they can be explained in Tender documents to interested Bidders and address the need for the project in a proper and efficient way?
5. If a Government Entity proceeds with the project, is it aware of all the required technical specifications, environmental and social conditions, legal and financial aspects related to the project - which are aligned with the output specifications - approvals required?
6. If any land needs to be acquired - and, if so, how it could proceed with the enabling works.
7. If there are any similar projects that other government agencies are carrying out that this project could potentially be bundled with in order to achieve efficiencies?
8. Has a benchmarking exercise been conducted in order to determine projects of a similar nature that can be utilised as guideposts for this project?
9. Have the relevant project-specific delivery options been identified?
10. Has a market sounding exercise been conducted with the relevant Market Players, either by invitation after conducting the benchmarking exercise or following the placement of an advertisement?
11. Has there been a refinement and narrowing down of delivery options following the market sounding stage?
12. Has a detailed risk assessment been conducted, including the identification, allocation, and quantification of risk, along with the outlining of mitigation strategies for the retained risks?
13. Has the PPP Project Team conducted a detailed qualitative VfM assessment in order to outline the benefits of procuring the project as a PPP?
14. Has the PPP Project Team considered, carefully, in the financial Due Diligence following extensive benchmarking and consultations with key Stakeholders, the costing and financing assumptions they will utilise?
15. Has the PPP Project Team conducted sufficient scenario and sensitivity analyses on the model in order to see how the results vary?
16. Is there a clear understanding of the final value-for-money for the project were it to be procured as a PPP?
17. Is there a single delivery option that is recommended by the PPP Project Team to procure the project as a PPP?
18. Has the "refinement" process of the options analysis been outlined clearly, stating how, starting with the listing of options, and through every subsequent stage, the final option was arrived at?
19. Is the delivery option clearly outlined, with particular emphasis on the contractual structure and cash flow mechanism - "who pays whom", effectively?
20. Have all funding sources related to public resources been identified and justified in the maximisation of VfM, as well as the uses of funds?
21. Are the uses of funds aligned with the description of project costs based on the Due Diligence study conducted before?
22. Has the implementation strategy for the delivery option been outlined appropriately, including the setting of policy and procurement framework (by identifying relevant authorities, the resourcing plan, required approvals, and the project-relevant stakeholder management comprising who will be responsible for communication, reporting protocols, etc.?
23. Is there a clear idea of a "roadmap" for procurement Deliverables, with the stages listed out along with their outlined duration and target dates for achievement/delivery?
24. Has a clear strategy been developed in order to engage with key Stakeholders during the course of the procurement process?
25. Has the procurement Timeline been outlined clearly, with a target date for the duration and close date of every component step?
26. Have the key risks to the procurement Timeline been stated clearly, along with their respective potential mitigation strategies?
27. Has the Feasibility Study been submitted to the Department of Finance for budget approval/allocation as a PPP?