2. Framework

• Set up ownership tender working team. DEVELOPMENT PLANNING COMMISSION OF THE PEOPLE'S GOVERNMENT OF BEIJING MUNICIPALITY will set up a special tender working team to organize and coordinate the tender work.
• Invite experienced consulting agencies to set up a consulting team for the tender work and formulate the general tendering plan.
• Establish a tender evaluation panel. This evaluation panel, organized by DEVELOPMENT PLANNING COMMISSION OF THE PEOPLE'S GOVERNMENT OF BEIJING MUNICIPALITY, will comprise professionals and experts in law and finance. They will be fully in charge of the evaluation of the tendering documents.
• The supervising team will be set up to monitor the whole procedure of the tendering work. It will be under the care of the supervising office of BOCOG.

Detailed Planning of the Project Ownership Tendering Work

• Adherence to a market-led fund raising principle under the leadership of the government
  " Focus of the master plan of the projects on the operation, utilization and good financial returns for future commercial operations of the sports facilities after the Olympic Games
  " Taking into consideration issues relating to laws and policies in the tendering work with an open, transparent and just principle in mind

Preparation Work of the Ownership Tendering

• Draft up the general plan and the general frame of the project financing and the tendering work.
• Formulate the implementation plan of the tendering work.
• Propose the supervising work plan for each stage of the project construction.
• Formulate rules and regulations of the tendering work.
• Study supporting policies for fund raising and approval procedures from the Municipality for the Olympic projects.
  
• Analyze, estimate investments and benefits to be achieved in the ownership tendering project.
• Study the projects' bundling plans and choose the project that will likely give good economic benefits.
• Draft up various agreements and contracts related to the tendering work.
  Contact and choose well-known local and international agencies in investment management, assets management, finance, engineering and management consulting firms, stocks and insurance companies as advisors. These agencies are not only to provide professional services to the tendering work but are also a medium to introduce foreign funding for the projects.