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The bidding process for the contracting of PPPs will abide by the current legislation on invitations tobid and administrative contracts and also the following.(i) the judgment may be preceded by a qualification phase of the technical proposals, disqualifyingbidders that do not attain minimum points scores;(ii) the judgment may adopt as criteria, (i) the lowest rate amount of the public service to be rendered,(ii) the best proposal by reason of the combination of the technical proposals and offer of payment forthe grant, (iii) the lowest remuneration amount to be paid by the Public Administration, (iv) the bestproposal by reason of the combination of the criterion of item (iii) with that of the best technique, inaccordance with the weights established in the notice.The notice will define the submission method of economic proposals, permitting written proposals insealed envelopes or written proposals, followed by open outcry bids.g) Management CommitteeAs provided in Law 11,079/04, a collegium Management Committee was instituted by Decree5,385/05. This Committee is formed by representatives from the Planning, Budget and ManagementMinistry, the Finance Ministry and Cabinet of the President of the Republic and will be responsible,within the sphere of the federal Public Administration, for establishing the procedures for thecontracting of PPPs, defining the services considered top priority to be performed under thepartnership regime, authorizing the opening of an invitation to bid process for the contracting andexamination of the execution reports of the agreements. Other prerogatives of the State, FederalDistrict and Municipality will not be confined to this body, inasmuch as they shall legislate to thateffect.It will be incumbent on the Ministries and Regulatory Agencies, in their respective areas of authority, tosubmit the notice with invitation to bid to the Management Committee, conduct the bidding procedure,and monitor and supervise the PPP agreements.It will be incumbent on the Brazilian Monetary Council to establish the rules for the extension of loansto finance PPP agreements.71

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