Victoria State Government on Partnerships Victoria Requirements Policy and Guidance, Standard Deed and Tender Templates
This official website of Victoria State government provides policy and guidance, standard deed and tender templates on PPPs.
This official website of Victoria State government provides policy and guidance, standard deed and tender templates on PPPs.
Under the Framework, the UK Government subsidizes private sector investment to provide broadband to areas where there is otherwise not a viable commercial market. It uses a gap-fund subsidy commercial model, where Government funding subsidizes capital costs, but the supplier bears the risk of implementing, owning and operating the network and therefore the risk of ensuring its commercial success. It is expected that customer revenue will cover operating and maintenance costs, as well as generate sufficient profit to provide a return on the investment.
Key features of the sample PPAs published by ERC:
FiT Eligibility Period – the RE Plant is entitled to FiT payments for a period of 20 years from when it achieves commercial operation.
In Australia, PPPs for conventional generation projects are less common as they are often privately financed. Rather, PPPs are more likely to be used for infrastructure projects of systemic importance (such as provisions of system stability services). The agreement provides a good illustration of a “light government touch” PPP project where the government assumes relatively little project (including regulatory) risk, which is reflective of Australia’s more market based energy sector:
Key features of the Project Agreement:
Land acquisitions and approvals – the State assumes primary responsibility for (1) making the land needed for the project available to Transurban (see clauses 5 and 6) and obtaining the key planning approvals required for the project (clause 8).
Generator Connection Agreement published by Transgrid (a transmission service provider in New South Wales, Australia) on its website. The agreement sets out the terms on which Transgrid provides transmission services to generator customers (including renewable power generators) on its transmission network. The electricity transmission and distribution networks in Australia are owned and operated by private players, who provide services on their networks under negotiated private contracts.
Revised Report on Recommended PPP Contractual Provisions, presents guidance on contractual provisions that can be found in virtually every PPP contract, taking into account feedback received during internal and external consultations with relevant public and private stakeholders.
The Planning Commissio