News Advisory
Summary of Evaluation Process for HHSP Proposals
(Wednesday, October 11/2000)-- In light of various media inquiries regarding the deadline for responses to the Request for Proposals (RFP) for the Harbour Solutions Project, the following information regarding details of the proposed Evaluation Process is being made available:
The proposal deadline is 12:00 noon, Friday, October 13th.
Proposals received will be placed in a secure, locked room. The HRM Shadow or Reference Bid will be received in a sealed envelope from the project's consultants at the same time. This will also be placed in the same room.
In addition, a copy of the Reference Bid will be placed in a sealed envelope and filed with Price Waterhouse Coopers (PWC). This copy will remain sealed.
Early next week, the proposals will be opened by KPMG and the financial part of the proposal will be removed and placed in a locked cabinet, along with the sealed Reference Bid. The proposals will then be reviewed for completeness. This may require some checking by telephone with the proponents or some of their service providers (such as bonding companies or financial institutions).
Once the proposals have been deemed to be complete, the Technical Review will begin. The purpose of this review is to determine whether the proposals meet the technical requirements as specified in the RFP. This will take from 4 to 8 weeks, depending on the complexity of the proposals.
Once the Technical Review has been completed and, if the proposals are deemed to be compliant, then the Financial Proposals will be opened and the Net Present Value (NPV) will be calculated for each of the proposals and the Reference Bid.
As the information is developed, it will be presented to the HHSP Selection Committee. It will prepare a report and recommendation to Regional Council. The report is expected to be ready by mid-January.
Council will then be asked to make the final decision on the successful proponent.
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Maurice E. Lloyd, P.Eng., FCIP
Project Manager, HHSP
(902) 490-4549
