This blog is managed by the Infrastructure Finance, PPPs & Guarantees Group of the World Bank. Learn more about our work here.

Disclaimer: The content of this blog does not necessarily reflect the views of the World Bank Group, its Board of Executive Directors, staff or the governments it represents. The World Bank Group does not guarantee the accuracy of the data, findings, or analysis in this post.

This blog is managed by the Infrastructure Finance, PPPs & Guarantees Group of the World Bank. Learn more here.

Disclaimer: The content of this blog does not necessarily reflect the views of the World Bank Group, its Board of Executive Directors, staff or the governments it represents. The World Bank Group does not guarantee the accuracy of the data, findings, or analysis in this post.

The COVID-19 pandemic has placed risk allocation of public-private-partnerships (PPPs) under a stress test: risks that seemed reasonable for the private sector to take mere months ago may no longer be acceptable today. As PPP projects suffer from supply chain disruptions and lower demand, the private sector will start to redefine bankability and seek to transfer more risks to the government. To that end, there is likely increased demand for government guarantees.

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.

• Lista de comprobación para contratos: Inquietudes de prestamistas (Checklist: Lenders Issues)

• Lista de comprobación y ejemplo de redacción para el periodo de referencia (Checklist and Sample Wording)

When preparing or reviewing PPP project documents it is useful to have access to checklists of issues to consider:

• Change of Law - Checklist and Sample Wording

• Civil Law Systems - Key Terms Implied by law that can impact PPP Arrangements

Further Reading and Resources

• Government Guarantees for Mobilizing Private Investment in Infrastructure by Jason Zhengrong Lu, Jenny Jing Chao and James Robert Sheppard, World Bank study supported by the Global Infrastructure Facility (GIF) and Public-Private Infrastructure Facility (PPIAF), December 2019.
• Allocating Risks in Public-Privat

Written by Jason Zhengrong Lu, Jenny Jing Chao and James Robert Sheppard, World Bank study supported by the Global Infrastructure Facility (GIF) and Public-Private Infrastructure Facility (PPIAF), December 2019.

税收问题

东道国的税收法律对于政府和社会资本合作项目的盈利能力有直接影响，因此需要得到潜在服务供应商/投资者及东道国政府的考虑，以保证项目的可行。投资者及政府可能有兴趣的一些税收问题包括：

运营商及其投资者或贷方将希望保证PPP项目收入的稳定性，并保证预计的资本回报和新投资的回报。

如收入是来自于单一的消费者，如政府或某公用设施机构，那么与收入来源有关的法律问题将受到限制。如果运营商或项目公司是直接从客户处获取收入的，那么将会出现更复杂的问题。

下文列出了可能会出现的一些法律问题：