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Procurement Options for Public-Private Partnerships March 4, 2004. Minnesota Department of Transportation FAST Lanes Industry Forum. Geoffrey S. Yarema. Questions. How ready are projects for hard pricing? How are projects selected? How many projects and over what time frame?
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Procurement Options forPublic-Private PartnershipsMarch 4, 2004 Minnesota Department of Transportation FAST Lanes Industry Forum Geoffrey S. Yarema
Questions • How ready are projects for hard pricing? • How are projects selected? • How many projects and over what time frame? • How are proposers selected? No right or wrong answers
Call for Project Proposals • Private sector selects project and submits proposal in single step • DOT selects one or more project/proposal combinations • Examples • Caltrans • WSDOT • Mn/DOT
Unsolicited Proposals/Requests for Competing Proposals • Private sector submits project proposals • DOT determines whether to proceed • DOT requests competing proposals (either one or two step process) • DOT selects proposal (best value or non-price based) • Examples • VDOT • CDOT • TXDOT
Project Specific Solicitations • DOT identifies projects • DOT issues project-specific solicitation (either one or two step process) • Private sector submits project-specific proposal • DOT selects proposal (best value or non-price based) • Examples • SCDOT • TXDOT • Design-Build, DBOM, etc.
Call for Project Nominations Project Selection Select based on quals., develop. plan, financing plan (no hard price) Select based on best value (incl. hard price) Shortlist RFQ RFP Negotiate Negotiate RFP/RFQ FAST Lanes Procurement Process Mn/DOT Non-packaged Project Packaged Project* best value Mn/DOT Packages Project How is proposer selected? quals develop. plan financing plan * Projects that have some percentage of engineering/environmental/other work completed to allow a fixed price