Project Initiation Both the government and a private company can initiate a PPP project. Solicited Projects.
{"Image DocumentName": "Project InitiationBoth the government and a private company can initiate a PPP project. Solicited Projects.", "Image ImageDescription": "A solicited project is that the competent authority identifies a project for private investment and announces a RFP. Competent authorities develop a potential project after considering related plans and demands for the facility. They then weight the procurement options in order to determine whether the PPP procurement is more efficient than the conventional procurement. Unsolicited Projects. For an unsolicited project, a private company (project proponent) submits a project proposal, and then the competent authority examines and evaluates the contents and value for money of the private proposal, and designates it as a PPP project. 3.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}