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Tender Approval and Due Diligence Process - 26 January 2011

The Board has sought clarification on the tender/business case development and due diligence process that NCH&C follows in evaluating business opportunities. The process is explained in the attached paper and outlined in the diagram in appendix 1. It is based on a standard ‘stage and gate’ process, with 5 key decision points, or “gates”. Each “gate” involves sign-off by either the EDT or the Board.

Last updated: 2012-06-15

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