Transaction Advisory is the initial step wherein the government analysis the PPP project feasibility, procurement of services of the private sector. To procure the PPP project the public sector invite the Expression of Interest from the private sector having relevant experience. It involves the team of experts in various fields, who while analyzing the project feasibility also look out for the regulations, project financing, environmental study, and advice the government throughout the process of selection of the successful bidder and signing of the agreement.
In India, Transaction Advisors are selected by the Department of Economic Affairs, Ministry of Finance, Government of India through open advertising or limited bidding between the already empaneled firms who provide these services
The focus of the selected team of experts in various fields is to assist them (public sector) in the planning and procurement of the project seamlessly and implementation of transactions with regard to Infrastructure and related services. The Transaction support involves the in-depth planning, feasibility analysis institutionalization, and procurement services. In some cases, the specific support is also sought for project implementation and project implementation monitoring.
We at B&B Associates, provide all-around legal support for the successful project implementation until the selection of the successful bidder.
