Sector: |
Energy |
Name of Agreement: |
Model Implementation Agreement between [Government] and [Project Company] |
Type of Agreement: |
Implementation Agreement Part of a suite of model documents comprising also: |
Sector |
Energy |
Name of Agreement: |
Draft Pro-Forma Implementation Agreement |
Type of Agreement: |
Privatization Support Agreement (pro-forma, draft) |
Region (if known): |
Middle East |
Sector: |
Energy |
Name of Agreement: |
Model Implementation Agreement between [Government] and [Company] |
Type of Agreement: |
Implementation Agreement for Energy Project. |
HM Treasury have issued a new policy document and new contract standardisation guidance for PF2 as follows:
(a) “A New Approach to Public Private Partnerships” (“PF2 Policy”) (http://www.hmtreasury.gov.uk/infrastructure_ppp_contractual.htm) and
(b) “Standardisation of PF2 Contracts” (“PF2 Guidance”) ((http://www.hmtreasury.gov.uk/infrastructure_ppp_contractual.htm).
PF2 Guidance replaces the old PFI guidance named “Standardisation of PFI Contracts Version 4” which was issued in March 2007 (“SoPC 4”).
While there has always been a gap between infrastructure required and what the governments can afford, the infrastructure funding gap has widened significantly over the past few years. Governments are seeking innovative solutions to mitigate this gap and accelerate the delivery of the much-required infrastructure.