This current edition of the Guidance on PPP Contractual Provisions, 2019 Edition (“Guidance”) is largely based upon work done by the international law firm of Allen & Overy LLP, under a team led by David Lee, Helga Van Peer, Tim Conduit, Fleur Clegg and Sarah Garvey, with input from across Allen & Overy’s global PPP practice.

This paper outlines a number of practical initiatives to strengthen the role of development communication in infrastructure projects. The authors aim to facilitate better quality projects and to build consensus on the type of governance reforms needed to fight corruption, drawing on the experience of development agencies like the World Bank and Transparency International, the leading anticorruption NGO.

Improving governance can help maximize the benefits and minimize the risks in Public Private Partnerships. It requires governments to acquire new skills in public management and to establish new institutions and procedures. Governments will need to focus on supervision and regulation, rather than on direct ownership and controls. In addition to these new skills, new sources of expertise and qualifications are required to ensure that PPPs also contribute to sustainable development.

1. This report describes and assesses progress in the second year of implementation of the World Bank Group‘s (WBG) Governance and Anticorruption strategy (GAC), which was endorsed by the Board of Executive Directors in March 2007. Since November 2007, a high-level GAC Council, chaired by the Managing Directors on a rotating basis, with Vice President and Director-level members and alternates, has met on a monthly basis to review and guide implementation of the strategy. The One-Year Progress Report on implementation of the strategy was issued in October 2008.

The change of law clause is a provision that may have a huge impact on the success of an infrastructure project and careful attention needs to be given to how the risk is shared in PPPs.

image by Pixabay