What is the procedure for approval of Central sector PPP projects below Rs. 100 crore?
The sponsoring Ministry identifies the projects to be taken up through PPPs and undertake preparation of feasibility studies, project agreements etc, with the assistance of legal, financial and technical experts as necessary. A Request for proposals (RFP) along with copy of all the agreements that are proposed to be entered with the successful bidder is sent by the Administrative Ministry to SFC/EFC for seeking approval before financial bids are invited. The proposal seeking clearance of SFC/EFC is circulated to all the members of SFC/EFC in the format specified along with copies of all draft project agreement and project report. Planning Commission appraises the project proposal and forward its appraisal Note to the Administrative Ministry. Ministry of Law and any other Ministry/ Department involved will also forward written comments to the Administrative Ministry within the stipulated time period. The SFC/EFC takes a view on the Appraisal Note and on the comments of different ministr
