Legal framework for environmental public companies

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Conference on legal framework for environmental public companies. Seminar On Tools for the Implementation of Environmental Policies Alternatives for Myanmar …

Conference on legal framework for environmental public companies. Seminar On Tools for the Implementation of Environmental Policies Alternatives for Myanmar

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  • 1. LEGAL FRAMEWORK FOR PUBL IC COM PAN - VAERSA CASE S IES TUDY Javier de Vicente López jdevicente@vaersa.com Phone: +34 608 56 50 10 TOOLS FOR THE IMPLEMENTATION OF ENVIRONMENTAL POLICIES MOECAF-IDOM-VAERSA-SANE LAN MOE NYPYITAW- MYANMAR NOVEMBER 2013
  • 2. How ? Why ?
  • 3. Why How Advantages Legal framework Award contracts Carry out contracts
  • 4. At the most basic level a public company is a company owned by a government
  • 5. Why
  • 6. A recipe in which the ingredients are private companies and administrations
  • 7. # EFFICIENCY
  • 8. # CONTROL
  • 9. # PUBLIC INTEREST
  • 10. # FLEXIBILITY
  • 11. Operational # INDEPENDENCE
  • 12. Avoid # SINGLE-TILL PRINCIPLE
  • 13. The Single-Till Principle: Every income coming into the government goes directly to the Ministry.of finance, no matter what the origin or the expected destination
  • 14. Why Efficiency Control Avoidance Single Till Princpile Public Interest Flexibility
  • 15. How
  • 16. Many different forms of public companies. Same legal base, different goals
  • 17. How Legal framework
  • 18. Government is one of the shareholders
  • 19. Both, private and public laws affect the governance of limited public companies.
  • 20. In-house companies are NOTconsidered a third party independent of the government
  • 21. In-house companies can be awarded in-house providing contracts without a competitive tender
  • 22. In-house companies must fulfil a number of conditions
  • 23. #1 CONTROL
  • 24. #2 NO PRIVATE CAPITAL
  • 25. Main part of activities #3 WITH ADMINISTRATION
  • 26. 80% Of VAERSA turnover comes from regional government
  • 27. # AUDITS
  • 28. How Award contracts
  • 29. To be awarded in-house providing contracts some conditions must be fulfilled
  • 30. #1 Cannot REJECT contract
  • 31. #2 PRICE DATABASE
  • 32. #3 CANNOT BID for public tender with th same government
  • 33. How Carry out Contracts
  • 34. As a public company each procurement is submitted to Public Procurement Regulations
  • 35. Procedures must ensure Transparency, Publicitiy ,Free Concurrence,
  • 36. Hiring policy based on market rules. Employees are public,employees but not civil servant
  • 37. Company as flexible and adaptable as a private firm but with administration keeping control
  • 38. E cency Operational independ Control Single Till Principle in-house companies a solution.. Y our solution?
  • 39. LEGAL FRAMEWORK FOR PUBL IC COM PAN - VAERSA CASE S IES TUDY Javier de Vicente López jdevicente@vaersa.com Phone: +34 608 56 50 10 TOOLS FOR THE IMPLEMENTATION OF ENVIRONMENTAL POLICIES MOECAF-IDOM-VAERSA-SANE LAN MOE NYPYITAW- MYANMAR NOVEMBER 2013
  • 40. Photo credits 1.- http://goo.gl/mhrw2t 2.- http://goo.gl/QsMQ7m 3.- http://goo.gl/zIbp7s 5.- http://goo.gl/f8DMBb 6.- http://goo.gl/iFy4sk 7.- http://goo.gl/4BoeST 8.- http://goo.gl/Ks2XdY 9.- http://goo.gl/Q8xZI7 10.- http://goo.gl/L7u8mY 11.- http://goo.gl/974f49 12.- http://goo.gl/odP77N 13.- http://goo.gl/VQoNb9 14.- http://goo.gl/3uXubJ 17.- http://goo.gl/Qfak6e 20.- http://goo.gl/9scEg6 21.- http://goo.gl/1bW1lT 24.- http://goo.gl/IgMKbG 25.- http://goo.gl/G9ZaBY 26.- http://goo.gl/ZZJKzo 32.- http://goo.gl/g2X4QB 36.- http://goo.gl/poHkig 37.- http://goo.gl/ncxVB 38.- http://goo.gl/yeChFh 39.- http://goo.gl/ffcEe4 40.- http://goo.gl/lPrTGs