Pre-FS Components
A Pre-FS consists of the following studies, components, and activities. Each has sub-sections and sub-activities. A complete Pre-FS has all provisions of the regulations relating to it in the form of these studies, components, and activities. All components included in the Pre-FS make the project (solicited) ready for evaluation by Bappenas.
This section is an introduction to the entire Pre-FS in the preparation stage of the KPBU project. The Pre-FS is expected to have many sections and subsections. The sections or chapters are classified as ‘reviews’ of the KPBU project under consideration. Before the reviews begin, the GCA shall draft the introduction sections to introduce the background of the project and its features which set the context for the subsequent sections.
The introduction section includes the
- (i) (i) Project background including overview of infrastructure and KPBU/PPP in the sector, the project concept & vision, conclusions and recommendations of the Pre-FS, need / intent / purpose of KPBU in the project, and objective of the Pre-FS, a section on
- (ii) Project initiator including the GCA and the consultants/experts in project preparation
- (iii) Legal and regulatory basis/ framework including the legal basis to prepare the Pre-FS and the substantive changes to Ministerial Regulation Number 7 of 2023, a section on the
- (iv) Methodology including the process to conduct Pre-FS studies, primary and secondary data sources and limitations, if any
- (v) Structure of the Pre-FS and
- (vi) Key qualifications/disclaimer.
From this section, the evaluator/ reader shall become aware of the background to the KPBU project, with the required references to the previously prepared Preliminary Study (PS) and know what to expect as content in the Pre-FS.
The Strategic Suitability Study chapter in the Pre-FS for a solicited KPBU should have confirmation of the conformity with and/or update to the strategic review conducted in the PS. The strategic study or review of the Pre-FS should provide information about the strategic context of the proposed KPBU. The review should make observations about the following in relation to the strategic review conducted previously in the PS
- (i) The existence or absence of new regulations from those that have been used as references in the preparation of the strategic study in the PS
- (ii) Validity of regulations used as references in the preparation of the strategic study in the PS
- (iii) Development of regulatory reviews in accordance with the progress of the KPBU project and/or
- (iv) Development of institutional reviews in accordance with the progress of the KPBU project.
Economic Review
Financial Review