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Prequalification Document

A249 Stockbury (M2) to Sheerness DBFO Contract

6 Timetable and Procedure

6.1 Twenty weeks will be allowed for the return of tenders. Proposals for the Project will be assessed and negotiations will be held, with the objective of concluding the DBFO Contract with the successful Tenderer as soon as possible.

6.2 The Agency aims to award the DBFO Contract within twelve months of receipt of tenders.

6.3 The indicative dates for the Project are:

StageDate
Select TenderersSpring 2002
Invite TendersSummer 2002
Tenders ReturnedAutumn 2002
Select Preferred BidderWinter 2002/03
Contract AwardAutumn 2003

6.4 Tender Procedure

6.4.1 The Agency intends to award the DBFO Contract in accordance with the procedure set out in Section 1. Further details of the procedure are given below.

6.4.2 At tender stage, a substantial amount of information will be made available to the Tenderers, including any existing design for the scheme within the Project. Tenderers will be encouraged to propose their own designs for the Project, incorporating innovative ideas, which deliver good value for money for the Agency. During the Tender Period, Tenderers will be required to agree, in principle, with the Agency any significant departures from standard, outline proposals for structures and any proposals for new or alternative standards.

6.4.3 In addition to their technical proposals, Tenderers will be required, in their Standard Bid, to stipulate the amount of DBFO Payments which they propose on the basis of the obligations and allocation of risk as set out in the Tender Invitation Documents. This proposal must be supported by cash flow projections, which include forecast cost, revenue data and financing proposals.

6.4.4 Tenderers will also be encouraged to propose alternative definitions of obligations or allocations of risk as Variant Bids. They will be requested to state the amount of DBFO Payments on the basis of such Variant Bids. All Variant Bids must be defined to the same level of detail as for the Standard Bid and comply with the Core Requirements as referred to in paragraph 5.3.

6.5 Contract Award

The basis for the award of the DBFO Contract will be the most economically advantageous offer. The criteria to be considered will be set out in the Tender Invitation Documents. Value for money achieved by minimising cost and optimising the nature and extent of risk remaining with the public sector will be a key factor in the Agency's evaluation.

6.6 The DBFO Contract

The successful Tenderer will be required to enter into a DBFO Contract with the Secretary of State. The DBFO Contract will set out the agreed obligations and allocation of risk between the Secretary of State and the successful Tenderer.