What bid-cost reimbursements may be paid to unsuccessful bidders in the Christchurch Men’s Prison procurement process?

Answer

As you may be aware, the Treasury’s PPP policy framework includes provision to support strong competition by partially offsetting the significant costs incurred by bidders in the development of their proposals. I am advised that, following Treasury guidance, Corrections has entered Bid Cost Reimbursement Deeds with each bidder, which provides a capped reimbursement of eligible bid costs to each unsuccessful bidder of up to $8 million, and allows Corrections to retain all project-specific intellectual property in the proposals.