Specifications include, but are not limited to: Timeline: PGCPS aspires to accelerate delivery of a package of 5 or 6 schools, thereby advancing public benefits. To this end, PGCPS anticipates requiring the Developer to finalize construction and commission the schools within a period not exceeding three years from the entry into force of the P3 Agreement. PGCPS also intends to transfer schedule risk to the Developer, by aligning payments to the availability of the Facilities. Asset Stewardship / Life‐Cycle Asset Management: Given the criticality of educational facilities, PGCPS aims to ensure that the Facilities are maintained at prescribed standards over the life of the P3 Agreement. To this end, PGCPS aims to hold the Developer accountable for life‐cycle asset maintenance, with availability payments being subject to deductions for performance shortfalls. This allows for enforceable performance standards over the life of the asset. Cost‐ Effectiveness and Budget Predictability: To protect taxpayer dollars, PCGPS aspires to take advantage of economies of scale by bundling multiple schools into a single package, while simultaneously taking advantage of life‐cycle cost efficiencies through innovation and bundling of design and construction with longer‐term operations. Moreover, by locking‐in life‐cycle maintenance, PGCPS seeks to off‐set budget volatility triggered by emergency repairs resulting from deferred maintenance. Community Benefits: PGCPS aims to leverage the Project for the benefit of public education, as well as for the community, by linking the DBFM agreement to other community benefits, such workforce development, mentor=protégé programs, apprenticeship programs, MBE/CBB opportunities, etc. Moreover, PGCPS retains control of critical matters, such as output standards, etc.