TABLE OF CONTENTS TTF-2/E Step By Step Guide to The PFI Procurement Process Introduction Stage 1: Establish Business Need Stage 2: Appraise the Options Stage 3: Business Case and Reference Project Stage 4: Developing the Team Stage 5: Deciding Tactics Stage 6: Invite expressions of Interest, Publish OJCE Notice Stage 7: Prequalification of Bidders Stage 8: Selection of the Shortlist Stage 9: Refine the Appraisal Stage10:The Invitation to Negotiate Stage11:Receipt and Evaluation of Bids Stage12:Selection of Preferred Bidder and the Final Evaluation Stage13:Contract Award and Financial Close Stage14:Contract Management Further Information