The functions of the Core Team are —
(a) to act as Secretariat to the Steering Committee in managing the public-private partnership;
(b) to develop and disseminate the public-private partnership policy including advising on the development of the public-private partnership policy and regulation;
(c) to develop guidance material and templates for use by the Steering Committee and build understanding in public and private sectors of the public-private partnership;
(d) to regulate the public-private partnership by ensuring that all projects are developed in accordance with the public-private partnership policy, principles, and processes including ensuring —
(i) that projects are properly reviewed against required criteria at each stage,
(ii) that review processes are completed,
(iii) that Cabinet submissions include all the information required for a well-informed decision, and
(iv) that projects are properly managed;
(e) to contribute to the development of projects by forming part of or leading the Project Team responsible for developing the business case for each project and implementing the public-private partnership transaction;
(f) to maintain an up-to-date record of projects in Saint Lucia;
(g) to monitor the implementation of projects, including acting on emerging risks and liaising as necessary with public-private partnership contract managers;
(h) to evaluate, from time to time, the public-private partnership by reviewing and systematically analyzing the success of projects to inform the development of the public-private partnership including supporting the Steering Committee in carrying out evaluations;
(i) to provide advice on the management of public-private partnerships in accordance with international standards;
(j) to coordinate the review and approval process in accordance with public investment management approval processes.