Section 8: Feasibility report

8. Feasibility report (1) A feasibility report submitted to the BOT Projects Unit under section 7 (1) (a) shall— (a) define the type, nature, scope and rationale for the BOT project; (b) contain specific provisions on sector needs assessment, options analysis, value for money and affordability; (c) specify the broad terms proposed for the agreement, including the proposed sharing of technical, operational, commercial and financial obligations and responsibilities among the parties; (d) describe the legal and institutional framework for implementing the BOT project; (e) demonstrate comparative advantage in terms of strategic and operational benefits for implementation under an agreement; and (f) contain the observations, comments and recommendations of the contracting authority. (2) On receipt of a feasibility report, the BOT Projects Unit shall assess the report and submit its comments and findings to the contracting authority.