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Project Finance and Procurement
The reviewer (student) is to undertake the following:
• Complete a detailed evaluation report of all tender responses;• Identify the risks associated with each tender response; and• Develop a maximum whole-of-contract budget.
The contract price is fixed for the first 2 years of the contract, for calculation of the maximum potential budget for the remaining years the reviewer is to use the following inflation rates:
Year 3 1.875
Year 4 2.347
Year 5 1.638
Year 6 2.336
Year 7 2.653
Year 8 1.935
Year 9 1.469
Year 10 2.934
Year 11 2.762
Year 12 2.233
The Whole-of-Contract budget is too be developed in Excel showing all the formulas and workings.
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