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Development of Policy, Legal, and Insitutional Framework for - ppiaf

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<strong>Development</strong> <strong>of</strong> <strong>Policy</strong>, <strong>Legal</strong>, & Institutional <strong>Framework</strong> <strong>for</strong> the PPP Program in Malawi<br />

Final Report<br />

<br />

<br />

<br />

<br />

execute the PPA;<br />

submit Per<strong>for</strong>mance Security Stage I valid up to the Financing Date;<br />

fulfil the Conditions Precedent in the PPA.<br />

prior to the Financing Date, submit Per<strong>for</strong>mance Security Stage II valid up<br />

to the COD;<br />

8. If the Conditions Precedent have not been met by the Financing DateFinancing<br />

Date has not met the Conditions Precedent, PPC may terminate the PPA <strong>and</strong> be<br />

paid the full amount <strong>of</strong> the Per<strong>for</strong>mance Security Stage I specified in item (7)<br />

above (refer Schedule 4 <strong>of</strong> PPA).<br />

Solicitation Timetable<br />

The timetable <strong>for</strong> solicitation, submission <strong>and</strong> evaluation <strong>of</strong> Proposals, execution <strong>of</strong> the<br />

Model PPA are as follows:<br />

Issuance <strong>of</strong> RFP<br />

Pre-Bid Meeting<br />

Issuance <strong>of</strong> Minutes <strong>of</strong> Pre-Bid Meeting<br />

Final submission <strong>of</strong> clarifications<br />

Final responses to clarifications<br />

Bid Closing (<strong>for</strong> all Proposals)<br />

- Bid Opening <strong>of</strong> Administration <strong>and</strong> Technical Proposal<br />

- Bid Opening <strong>of</strong> Price Proposal<br />

Announcement <strong>of</strong> the successful Bidder<br />

Objection period<br />

Issuance letter <strong>of</strong> intent to the successful Bidder<br />

Discussion <strong>and</strong> Finalisation <strong>of</strong> PPA<br />

Approval Process to respective Authorities<br />

Signature <strong>of</strong> PPA<br />

Financial Closing<br />

Commercial Operation Date<br />

Note : The above date subject to change (if required) which), which will be notified in writing to all<br />

Bidders.<br />

Pre-Bid Meeting<br />

Pre-Bid Meeting <strong>and</strong> site visit will be held at a place designated by PPC.<br />

At least one senior representative <strong>of</strong> each Bidder is expected (but is not obliged)<br />

to attend the Pre-Bid Meeting. Non-attendance at the Pre-Bid Meeting will not be<br />

a cause <strong>for</strong> disqualification <strong>of</strong> the Bidder. Bidders are asked to confirm their<br />

attendance in writing to the Tender Committee at least three (3) days be<strong>for</strong>e the<br />

meeting <strong>and</strong> to give the names <strong>of</strong> proposed attendees.<br />

THE INSTITUTE FOR PUBLIC-PRIVATE PARTNERSHIPS 173

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