Designing and Structuring PPP Transactions
Kumar V. Pratap () and
Rajesh Chakrabarti ()
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Kumar V. Pratap: Ministry of Urban Development, Government of India
Rajesh Chakrabarti: O P Jindal Global University
Chapter Chapter 7 in Public-Private Partnerships in Infrastructure, 2017, pp 171-190 from Springer
Abstract:
Abstract This chapter describes the key stages in bidding out PPP projects—Request for Qualification (RfQ) and Request for Proposal (RfP). It also describes the key elements of the Model Concession Agreement in terms of performance requirements, payment mechanism, dispute resolution mechanism, and termination provisions. While each PPP contract is unique, there is a need for standardization of the process and documentation involved in such contracts. Model standardized documents are generic with provision for project-specific flexibility that aims at imparting transparency, consistency, and predictability to the procurement process, ensuring objective, and expeditious decision making.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-10-3355-1_7
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DOI: 10.1007/978-981-10-3355-1_7
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