Title: Public Private Partnership: National Treasury PPP Practice Notes issued in terms of the Public Finance Management Act
Language: English
Type: Document
Nature: Laws and Regulations
Published: January 1, 2008
Region: Sub-Saharan Africa (SSA)
Country: South Africa
Keywords: Legal Framework *, Legislation and Laws **, PPP Law ***, South Africa
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Document(s):
Document Summary:
South Africa Public Private Partnership Manual
Document Details:
National Treasury’s PPP Manual is a systematically guide to public and private parties through the phases of the regulated PPP project cycle for national and provincial government, unpacking policy and providing procedural clarity as it does so. It draws on South African project experience to date and on best international practice, without infringing on the authority of accounting officers and authorities. It sets rigorous risk-assessment standards by which government will make affordable project choices that best leverage private investment for quality public services. Importantly, the PPP Manual contains a code that will go a long way to achieving broad-based black economic empowerment in PPPs, not only in the equity and management of the contracted private parties, but in their subcontracting and in the projects’ local socio-economic impacts.
Ref #: SouthAfricanManual
Updated: