(1) The Steering Committee shall provide direction to the public-private partnership programme, and oversee the development and implementation of public-private partnership projects.
(2) Without prejudice to the generality of subsection (1), the functions of the Steering Committee are —
(a) to guide the development of a public-private partnership policy, including the adoption as appropriate of detailed guidelines and regulations or standard forms of key documents for use by each procuring entity that implements public-private partnerships;
(b) to identify projects to be implemented as a public-private partnership based on an initial screening by the Core Team;
(c) to ensure that projects are developed and implemented within the agreed project timeline;
(d) to guide public-private partnership development and implementation, including by taking project scope and structuring decisions to inform the work of the Project Team;
(e) to evaluate and select tenderers for projects, based on evaluation reports prepared by the Project Team against pre-established clear, objective and quantifiable criteria;
(f) to guide Contract Managers as required to manage change during the period of the public-private partnership contract;
(g) to carry out, from time to time, an evaluation of projects or the public-private partnership to assess whether the public-private partnership has delivered the anticipated value for money.
(3) Notwithstanding subsection (2)(b), Cabinet may identify projects to be implemented as a public-private partnership.