Revised Laws of Saint Lucia (2021)

102.   Preparation of public-private partnership transaction document

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    (1)   The Project Team shall prepare a public-private partnership transaction document to be issued to qualified tenderers.

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    (2)   The public-private partnership transaction document referred to under subsection (1) must include —

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      (a)     the draft public-private partnership contract which is based on the business case;

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      (b)     the request for proposals document that includes —

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        (i)     a detailed description of the transaction process,

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        (ii)     required proposal contents,

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        (iii)     evaluation criteria,

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        (iv)     protocols for interactions with a tenderer during tender preparation including a structured, transparent, and fair process for feedback from a tenderer and adjustment of the draft public-private partnership contract,

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        (v)     a statement that the tenderer abides by the terms of the request for proposals, and if selected as the preferred tenderer to execute the transaction document substantially in the form of the draft public-private partnership contract issued to all pre-qualified tenderers.