RFP Procedure and Evaluation. The Commission has given TxDOT broad direction on the content and methodology for the solicitation of Proposals from shortlisted Proposers, the selection of a Proposer whose Proposal offers the apparent best value to TxDOT and the terms and conditions a P3A must contain to be deemed satisfactory. TxDOT staff and consultants intend to work with the Commission during the RFQ process to define the RFP and negotiation process with specificity, which may include, at an appropriate time, industry review of a draft RFP and contract documents, among other information. Proposers are advised that the evaluation criteria and weightings for the calculations of the Proposals may differ from the criteria set forth herein to evaluate QSs. If the RFP solicits Proposals for both the design-build and toll concession models (rather than for a single delivery model), TxDOT anticipates a two step evaluation process. The first step will be to evaluate all Proposals received for each delivery model separately against specified criteria to determine the Proposal for each delivery model that provides the best value. The second step will be to compare the best value design-build Proposal with the best value toll concession Proposal in accordance with an objective and transparent formula to be set forth in the RFP to determine which Proposal provides the best overall value to the State. Award of the P3A by the Commission will be conditioned upon finalization of the P3A and subject to approvals from or reviews by FHWA, the Legislative Budget Board and the Attorney General in accordance with applicable law.
Appears in 1 contract
Sources: Public Private Partnership Agreement
RFP Procedure and Evaluation. The Commission has given TxDOT broad direction on the content and methodology for the solicitation of Proposals from shortlisted Proposers, the selection of a Proposer whose Proposal offers the apparent best value to TxDOT and the terms and conditions a P3A must contain to be deemed satisfactory. TxDOT staff and consultants intend to work with the Commission during the RFQ process to define the RFP and negotiation process with specificity, which may include, at an appropriate time, industry review of a draft RFP and contract documents, among other information. Proposers are advised that the evaluation criteria and weightings for the calculations of the Proposals may differ from the criteria set forth herein to evaluate QSs. If the RFP solicits Proposals for both the design-build and toll concession models methods (rather than for a single delivery modelmethod), TxDOT anticipates a two two-step evaluation process. The first step will be to evaluate all Proposals received for each delivery model method separately against specified criteria to determine the Proposal for each delivery model method that provides the best value. The second step will be to compare the best value design-build Proposal with the best value toll concession Proposal in accordance with an objective and transparent formula to be set forth in the RFP to determine which Proposal provides the best overall value to the State. Award of the P3A by the Commission will be conditioned upon finalization of the P3A and subject to approvals from or reviews by FHWA, the Legislative Budget Board and the Attorney General in accordance with applicable law.
Appears in 1 contract
Sources: Public Private Partnership Agreement