Public-Private Partnership (PPP)
Public-Private Partnership (PPP)
Public-Private Partnership (PPP)
PARTNERSHIP (PPP)
PRESENTED BY:SOMYA SHUKLA
57
OVERVIEW
Public Private Partnership means an arrangement between a
government / statutory entity / government owned entity on one side
and a private sector entity on the other, for the provision of public
assets and/or public services, through investments being made and/or
management being undertaken by the private sector entity, for a
specified period of time, where there is well defined allocation of risk
between the private sector and the public entity and the private entity
receives performance linked payments that conform (or are
benchmarked) to specified and pre-determined performance
standards, measurable by the public entity or its representative.
IMF (2004)the transfer to the private sector of investment projects
that traditionally have been executed or financed by the public sector
ESSENTIAL CONDITIONS
Arrangement with private sector entity
Public asset or service for public benefit
Investments being made by and/or management
undertaken by the private sector entity
EVOLUTION OF PPPS
MODALITIES
Build-own-operate (BOO)
Build-develop-operate (BDO)
Design-construct-managefinance (DCMF)
Buy-build-operate (BBO)
Lease-develop-operate (LDO)
Wrap-around addition (WAA)
Build-operate-transfer (BOT)
The private sector designs and builds an asset,
Build-own-operate-transfer
operates it, and then transfers it to the
(BOOT)
Government when the operating contract ends,
Build-rent-own-transfer (BROT)
or at some other pre-specified time. The private
Build-lease-operate-transfer
partner may subsequently rent or lease the asset
Source:Public
Private
Partnership,
Fiscalthe
Affairs
Department of the IMF.
(BLOT)
from
Government.
Build-transfer-operate (BTO)