1. Procurement Options for Public-Private Partnerships March 4, 2004 Geoffrey S. Yarema Minnesota Department of Transportation FAST Lanes Industry Forum

2. 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

3. 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

4. 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

5. 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.

6. FAST Lanes Procurement Process Mn/DOT Packages Project Packaged Project* Select based on quals., develop. plan, financing plan (no hard price) Negotiate RFP/RFQ RFQ Shortlist RFP Negotiate Select based on best value (incl. hard price) Call for Project Nominations Project Selection How is proposer selected? Non-packaged Project quals develop. plan financing plan * Projects that have some percentage of engineering/environmental/other work completed to allow a fixed price Mn/DOT best value

7. Thank You