tHE cITY OF cAPE tOWN (cct; OR “THE cITY”) IS INCREASINGLY INTERESTED IN LEVERAGING PRIVATE SECTOR EXPERTISE; TECHNOLOGY; EFFICIENCY; AND CAPITAL; AND TURNING ITS ATTENTION TOWARDS pppS AND OTHER ALTERNATIVE DELIVERY MODELS THAT INVOLVE PRIVATE SECTOR PARTICIPATION (psp); AS A MEANS TO DELIVER AND TO ENHANCE PUBLIC INFRASTRUCTURE DEVELOPMENT AND SERVICE DELIVERY. tHE cITY IS INTERESTED IN DEVELOPING A SYSTEMATIC AND STRUCTURED APPROACH TO DECISION-MAKING ON THE PREFERRED PROJECT DELIVERY METHOD THAT IS ALIGNED WITH THE APPLICABLE MUNICIPAL FINANCE AND PROCUREMENT REGULATIONS AND INTERNATIONAL BEST PRACTICE / LESSONS. sPECIFICALLY; IT AIMS TO IMPLEMENT AND UTILIZE A METHODOLOGY TO ANSWER THE QUESTION: WHICH DELIVERY METHOD; INCLUDING PUBLIC-PRIVATE PARTNERSHIPS (pppS); PROVIDES THE ‘BEST DEAL’ FOR IMPLEMENTING A SPECIFIC PROJECT FROM THE PERSPECTIVE OF THE MUNICIPALITY. vALUE FOR MONEY (“vFm”) COMPARES DIFFERENT DELIVERY METHODS AND DEFINE THE OPTIMUM COMBINATION OF RISK ADJUSTED LIFE-CYCLE COSTS AND QUALITY (OR FITNESS FOR PURPOSE) OF A GOOD OR SERVICE TO MEET THE USER’S REQUIREMENT. tHE PURPOSE OF THE ADVISORY IS TO: 1) DEVELOP A PRACTICAL AND CREDIBLE APPROACH TO THE ASSESSMENT OF vFm BASED ON INTERNATIONAL BEST PRACTICE AND PRODUCE A COMPREHENSIVE SET OF GUIDANCE MATERIALS TO SUPPORT THE CONDUCT OF vFm ASSESSMENT (“vFm gUIDE”) FOR psp MODELS; 2) ANALYZE SUITABILITY OF PROJECTS IN THE cITY’S CAPITAL PROJECT PIPELINE FOR DELIVERY AS pppS / psp MODELS; AND 3) BUILD INSTITUTIONAL CAPACITY INCLUDING GOVERNANCE MECHANISMS; PLANNING AND OPERATIONAL FRAMEWORKS; AND SKILLS FOR SELECTION; PREPARATION; AND IMPLEMENTATION OF pppS / psp MODELS. aS A FIRST PHASE; ifc IS SEEKING TO APPOINT A CONSULTING FIRM (THE “cONSULTANT”) TO SUPPORT cct IN THE (a) DEVELOPMENT OF A COMPREHENSIVE; COHERENT AND USER-FRIENDLY vFm gUIDE THAT TAKES ACCOUNT OF PRACTICE IN RELEVANT MATURE ppp MARKETS WORLD-WIDE AND IS FIT FOR USE IN THE sOUTH aFRICAN ppp CONTEXT; (b) cONDUCT vFm ANALYSIS FOR ONE PROJECT SELECTED BY cct; (c) DELIVER A TRAINING SESSION / WORKSHOP ON THE TOPIC OF vFm TO (I) RAISE THEIR AWARENESS AND UNDERSTANDING OF vFm PRINCIPLES AND PRACTICE AND (II) TRAIN THE PARTICIPANTS TO ASSESS PROJECTS’ SUITABILITY FOR DELIVERY UNDER A ppp / psp MODEL VERSUS TRADITIONAL PROCUREMENT MODELS.