Regulation 46. Role

(a) advise on all matters relating to services and works concessions either on their own initiative or on specific issues relating to its functions which may from time to time be referred to it for its advice;

(b) open tenders in a public session;

(c) evaluate reports and recommendations submitted by evaluation committees and make definite recommendations to the contracting authority or the contracting entity for the award of services concessions ensuring that the best value for money is obtained. In this regard, due consideration shall be given to:

(i) the final cost including financing costs to the contracting authority or the contracting entity; and

(ii) the impact of each offer on the recurrent expenditure of a contracting authority or the contracting entity;

(d) report any irregularities that may be brought to its notice or that may be detected in the tendering process and make recommendations thereon to the Minister charged with responsibility for the contracting authority or the contracting entity concerned.