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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.
The PPP Risk Allocation Tool 2019 Edition is the second edition of the guidance tool, with the first edition focused only on economic infrastructure in the transport, energy, water and waste sectors. The 2016 version of the guidance tool was delivered in 2016 by global law firm Norton Rose Fulbright with the GI Hub team led by Mark Moseley.
Following up on the 2017 edition, this new version will include:
The Republic of Korea has rich experience in implementing PPP projects for almost a decade. This experience provides valuable lessons for most DMCs and that merits wider dissemination. The two-volume report prepared by the Korea Development Institute (KDI) presents an in-depth assessment of the different components of PPP framework of the Republic of Korea, including comparing and contrasting the success factors of the Korean PPP model with the experience of other countries through invited presentations on PPP frameworks and multisector case studies.
Public-private partnerships (PPPs) involve private sector supply of infrastructure assets and services that have traditionally been provided by the government. An infusion of private capital and management can ease fiscal constraints on infrastructure investment and increase efficiency. Reflecting these advantages, PPPs are taking off around the world: there are well-established programs in a number of countries (including Chile, Ireland, Mexico, and the United Kingdom), and less developed programs or a good deal of interest in many others.
