Process for developing project from needs analysis to contract management, and how different from standard g procurement Note: major outputs at each step in parentheses - the assessment of all potential PPP projects involving outlay of public funds or granting of monopoly rights to collect tolls/revenues should be reviewed & approved at critical points by a suitable govt body unconnected w/ the promoting agency – such as the relevant unit in the MoF in Chile, for road BOT concessions, on avg the duration from initial design to contract award has been approx 16 mos, construction to actual service delivery, depending on project, can take another 2+ years