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PPP Process & Milestones

Public-Private Partnership Process

PPP Process

Milestones

Date

Milestone

July 7, 2015

Issuance of the Request for Qualification

July 17, 2015

Prospective Bidder clarifications submission deadline

July 24, 2015

Responses to Prospective Bidder clarifications

July 31, 2015

Prequalification Applications Submission Deadline

Early Sept 2015

Announcement of Prequalified Bidders

Mid Sept 2015

Issuance of the Request for Proposal - including draft Concession Agreement and opening of data room

Sept 2015 – Jan 2016

Prequalified Bidders’ due diligence /questions and responses

End Oct 2015

Bidder’s conference and site visits in Saint Lucia

End Jan 2016

Issuance of the final bid documents

End Feb 2016

Bid submission deadline

End Mar 2016

Evaluation of Bids and selection of the Preferred Bidder

End Apr 2016

Commercial closing (signing of Concession Agreement)

By End Oct 2016

Financial closing (signing of all financing documents)/ completing all requirements for Concession Agreement effectiveness