Scribd Logo
Upload

Welcome to Scribd!

  • 40 views

    Formulation, Appraisal & Approval of PPP Projects

    Uploaded by

    Om Prakash
    The document outlines the process for formulating, appraising, and approving public-private partnership (PPP) projects in India. Guidelines have been provided by NITI Aayog for different types of PPP projects. The Inter-Ministerial PPP Appraisal Committee appraises projects and the Ministry of Finance examines agreements. A sponsoring ministry develops projects and contract documents with consultants before submitting them for in-principle approval and bidding.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Formulation, Appraisal & Approval of PPP Projects

    Uploaded by

    Om Prakash
    40 views2 pages
    The document outlines the process for formulating, appraising, and approving public-private partnership (PPP) projects in India. Guidelines have been provided by NITI Aayog for different types of PPP projects. The Inter-Ministerial PPP Appraisal Committee appraises projects and the Ministry of Finance examines agreements. A sponsoring ministry develops projects and contract documents with consultants before submitting them for in-principle approval and bidding.

    Original Description:

    PPP Formulation

    Original Title

    Formulation

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines the process for formulating, appraising, and approving public-private partnership (PPP) projects in India. Guidelines have been provided by NITI Aayog for different types of PPP projects. The Inter-Ministerial PPP Appraisal Committee appraises projects and the Ministry of Finance examines agreements. A sponsoring ministry develops projects and contract documents with consultants before submitting them for in-principle approval and bidding.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    40 views2 pages

    Formulation, Appraisal & Approval of PPP Projects

    Uploaded by

    Om Prakash
    The document outlines the process for formulating, appraising, and approving public-private partnership (PPP) projects in India. Guidelines have been provided by NITI Aayog for different types of PPP projects. The Inter-Ministerial PPP Appraisal Committee appraises projects and the Ministry of Finance examines agreements. A sponsoring ministry develops projects and contract documents with consultants before submitting them for in-principle approval and bidding.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 2

    FORMULATION, APPRAISAL & APPROVAL OF PPP PROJECTS:

    Guidelines have been already provided for all types of PPP projects by NITI
    Aayog (formerly planning commission) in coordination with concerned
    ministries. Under these guidelines, Inter-ministerial PPP Appraisal
    Committee (PPPAC) has been formed for appraisal projects.

    Ministry of Finance is responsible for examining the concession


    agreements from the financial perspective, while a PPP Appraisal Unit
    (PPPAU) undertakes a detailed appraisal of each project [2].

    Sponsoring Ministry selects the project to be taken up through PPP and


    prepare the pre-feasibility report, detailed project report and contract
    documents etc. with the compete guidance of legal, financial & technical
    consultants.

    Sanction Viability Gap Funding up to Rs. 200 crore (Rs. Two hundred crore)
    for each project subject to the budgetary ceilings indicated by the Finance
    Ministry. Amounts exceeding Rs. 200 crore may be sanctioned by the
    Empowered Committee with the approval of Finance Minister [6].

    The composition of Empowered Committee will be as follows:


    i. Secretary {Economic Affairs)
    ii. Secretary (NITI Aayog)
    iii. Secretary (Expenditure)
    iv. Secretary of the line Ministry dealing with the subject
    STEPS OF PROCEEDINGS FOR PPP CONTRACT:

    Preparation of Pre-feasibility report which include physical, technical &


    financial viability of the project.

    Once it is established, detailed project report is prepared with detailed


    technical estimate, financial modelling through consultants.

    Preparation of following model documents with the help of legal


    consultants:
    Request for Qualification (RFQ)
    Request for Proposal (RFP)
    Model Concession Agreements (MCAs), in case if its not available
    in any sector, specialised law firms can be deployed for
    preparation of Concession Agreements.
    Manual for specifications & standards.

    The proposal is first submitted to PPPAC for in-principle approval. After inprinciple approval, Ministry invites Expression of Interest (EOI), in the form of

    RFQ which is followed by short listing of pre-qualified bidders. RFP is issued to


    the qualified bidders with a set deadline.
    Mostly two bid system is followed, where two separate bid are invited in a single
    envelope:
    1. Technical Bid: defines the prequalification criterion. Significant
    weightage (normally 70%) is given to this section to examine the
    experience & qualification of the firm and deployment of key
    personnel. It must be done with due care and diligence. Firms are
    arranged in highest to lowest score i.e. decreasing order of technical
    standard to be followed.
    2. Commercial Bid: are evaluated of each financial proposal and
    highest score is given to the lowest bidder.
    3. Proposals are finally ranked according to combined technical and
    financial scores for each firm and successful bidder score highest.
    S = ST x TW +SF x FW [3]
    ST : Scores achieved by the bidder (should be min 70 or more out of
    100 points)
    SF : Financial proposal score [(FM/F)*100]; where FM is the lowest
    financial proposal & F is the amount of other financial proposal
    TW & FW are the weights given to Technical Proposal & Financial
    Proposal respectively (normally 0.7 & 0.3 or 0.8 & 0.2)
    4. Project is awarded to successful bidder by competent authority with
    the recommendation of PPPAC. However where the project is based
    on Model Concession Agreement, PPPAC clearance is not necessary.
    [2]

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy