Project Proposal Template
Project Proposal Template
This document outlines the format to be adhered to in developing the initial proposal (for concept
approval) to be submitted to the Lagos State PPP Office.
Director-General
Public - Private Partnership Office
Governor’s Office
Lagos House
Alausa – Ikeja
Lagos State
Please note that submitting a proposal does not constitute a commitment on the part of
Lagos State Government to execute the project with the proponent. Proposals may be
subjected to Competition.
PROJECT PROPOSAL
PROJECT TITLE
DATE OF SUBMISSION:
2. Project Objectives
i. What are the objectives of the project?
ii. What will the project accomplish in general (qualitative) and, in clear and measurable (quantitative) terms?
5. Transaction Structure
i. What type of PPP structure(s) is/are being proposed for the project? The transactional structure(s) if relevant.
ii. Would an SPV be required? If so, detail the proposed ownership of the SPV.
iii. Who would fund the transactions?
iv. The terms and conditions proposed for the PPP should be included here. The proposed Heads of Terms (HOT)
6. Why PPP
i. Extensive information on why a PPP is being proposed.
ii. What are the benefits of the PPP structure being proposed?
7. Project Stakeholders
i. Who are the project beneficiaries? Who would benefit from/be directly or indirectly impacted by the project?
ii. Enlist the various parties that would be involved in the project and their responsibilities in/contributions to the project?
iii. Include the sponsor(s)/ fund provider(s)? if any.
iv. Detail the obligation expected from the State.
8. Project Viability
i. State the estimated total cost of the project i.e. the total investment required for the project. The whole life costs of the
project. This should be for both the Capital Expenditure (CAPEX) and Operating Expenditure (OPEX).
ii. 5-Year financial projections with the broad assumptions clearly outlined.
iii. Scenario analysis that will incorporate the effect of movement in key economic variables (interest rates, foreign
exchange rates, etc) and government policies, as applicable.
11. Appendices
i. All relevant appendices should be clearly listed and attached in order.
ii. Additional information as deemed necessary should be provided herein under the appropriate headings.