Feasibility Study and Technical Report - Pretivm

Once the Project has been approved to proceed, the following basic project tasks mustbe completed as early as possible in order to guarantee planning certainty and maintaina proper monitoring program for all long-lead items and engineering deliverables:• Continue basic engineering to support permitting and Stage l activities.• Select the general EPCM contractor, the mine design firm, and the miningcontractor.• Establish project procedures and standard forms.• Establish the cost reporting system based on the approved capital costestimate.• Prepare procurement and contract documents to support Stage l activities.• Order long delivery and early engineering information for capital equipment.• Confirm that the Schedule coincides with the Project’s actual start date.24.1.4 ENGINEERINGThe engineering groups will establish a list of drawings and specifications for both capitalequipment and construction. These represent the “engineering deliverables” that areneeded to construct the facilities, order the capital equipment and bulk materials, andcontrol and commission the new plant.The engineering groups will be responsible for identifying and scheduling theirdeliverables in accordance with the Schedule. Engineering progress will be based onbudgeted versus actual man-hours, combined with the knowledge-based experience ofthe design team leaders.24.1.5 PROCUREMENT AND CONTRACTSPURCHASING AND EXPEDITING STRATEGYThe standards for purchasing will be determined during the initial stages of projectestablishment. The EPCM and Mining contractors will prepare the purchase requisitionon behalf of the Owner, and the equipment will be purchased through the Owners’purchase order administered by the EPCM purchasing groupThe EPCM purchasing group will provide capital equipment procurement, vendor drawingexpediting and, when required, equipment inspection. The procurement department willpackage the technical and commercial documentation, and will manage the bidding cyclefor equipment and materials to be supplied to the contractors by the Owner. Standardprocurement terms and conditions that have been approved for the Project will beutilized for all equipment and materials purchase orders. Suppliers will be selectedbased on location, quality, price, delivery, and support services.Capital equipment that will be purchased for the Project includes all equipment shownwith an equipment number on the Project flowsheets and included on the equipment list.Pretium Resources Inc. 24-7 1291990200-REP-R0012-02Feasibility Study and Technical Report on the BrucejackProject, Stewart, BC