Title: Managing Contingent Liabilities in Public- Private Partnerships - Practice in Australia, Chile, and South Africa

Languages: English

Type: Document

Published: January 1, 2010


Region: Global

Country: Australia, Chile, South Africa

Topics: Financing and Risk Mitigation

Keywords: Road, PPP Framework ***, PPP Online Reference Guide **, PPP Reference Guide, PPP Cycle ***

DocumentLink(s):

Document Details:

Governments that use public-private partnerships (PPPs) to build infrastructure usually assume contingent liabilities relating, for example, to early contract termination or to debt and revenue guarantees. Deciding whether to assume these liabilities and, if so, determining how to value, monitor, and limit them is difficult for most governments. This report describes how governments in Australia, Chile, and South Africa have tackled these problems, and discusses whether other governments, including those with less administrative capacity, should adopt similar practices.

 

Related Information: 

Government Risk Management

 

Tracking Reference: 

PPIAF_Managing Contingent Liabilities in PPPs_EN.pdf

Irwin, Timothy C., and Tanya Mokdad. 2010. Managing Contingent Liabilities in Public-Private Partnerships: Practice in Australia, Chile, and South Africa. Washington, DC: World Bank. [#1919]

Updated: September 6, 2024