Region: Global
Country: Global / Non-Specific
Topics: Agreements
Keywords: Contract, Termination, Risk, Legal issues, Financing, Risk allocation, Material Adverse Government Action, Change in law, Step-in rights, Refinancing, Handover, Confidentiality
DocumentLink(s):
Document Summary:
The draft updated Guidance on PPP Contractual Provisions is open for public consultation to capture inputs and recommendations by all relevant stakeholders to feed into the new edition.
The PPP team, within the World Bank Group’s Infrastructure Vice Presidency, is working with other development partners on the updated edition, expected to be released during summer 2019. The goal of the Guidance is to assist its target audience, namely contracting authorities—and particularly those in emerging PPP markets—with obtaining a better and more comprehensive understanding of a number of essential provisions in a PPP agreement, such as force majeure, termination payments and dispute resolution.
Document Details: Following up on the 2017 edition, this new version will include: The new chapters will cover the topics of: We appreciate your input and feedback by April 30, 2019. While all comments received will be reviewed and documented, comments and recommendations may not necessarily be incorporated into the final version of the Guidance. A comprehensive table will be released at the end of the consultation phase listing all feedback, comments and recommendations without attribution to the person, organization or entity that submitted it. If you and/or your organization are interested in collaborating with the team to enhance the updated edition of the Guidance on PPP Contractual Provisions, please submit your comments and feedback by April 30, 2019. Thank you in advance for your feedback.
Tracking Reference:
Guidance_on_PPP_Contractual_Provisions_2019_EN
Updated: January 25, 2022