Project facilitation agreement

Following a decision to award major project status, and generally as a pre-condition to any public announcement concerning the award, the parties will enter into a project facilitation agreement (PFA).

A draft PFA is provided at attachment C and includes:

• objectives of the parties
• commitments of the parties
• governance arrangements relating to the delivery of the project including confidentiality arrangements
• detail around the project scope
• project milestones and deliverables
• term of major project status and the triggers for cessation or termination
• requirement for an industry participation plan (where relevant), and
• other issues specific to the project.