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

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Legal framework for environmental public companies

  1. 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. 2. How ? Why ?
  3. 3. Why How Advantages Legal framework Award contracts Carry out contracts
  4. 4. At the most basic level a public company is a company owned by a government
  5. 5. Why
  6. 6. A recipe in which the ingredients are private companies and administrations
  7. 7. # EFFICIENCY
  8. 8. # CONTROL
  9. 9. # PUBLIC INTEREST
  10. 10. # FLEXIBILITY
  11. 11. Operational # INDEPENDENCE
  12. 12. Avoid # SINGLE-TILL PRINCIPLE
  13. 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. 14. Why Efficiency Control Avoidance Single Till Princpile Public Interest Flexibility
  15. 15. How
  16. 16. Many different forms of public companies. Same legal base, different goals
  17. 17. How Legal framework
  18. 18. Government is one of the shareholders
  19. 19. Both, private and public laws affect the governance of limited public companies.
  20. 20. In-house companies are NOTconsidered a third party independent of the government
  21. 21. In-house companies can be awarded in-house providing contracts without a competitive tender
  22. 22. In-house companies must fulfil a number of conditions
  23. 23. #1 CONTROL
  24. 24. #2 NO PRIVATE CAPITAL
  25. 25. Main part of activities #3 WITH ADMINISTRATION
  26. 26. 80% Of VAERSA turnover comes from regional government
  27. 27. # AUDITS
  28. 28. How Award contracts
  29. 29. To be awarded in-house providing contracts some conditions must be fulfilled
  30. 30. #1 Cannot REJECT contract
  31. 31. #2 PRICE DATABASE
  32. 32. #3 CANNOT BID for public tender with th same government
  33. 33. How Carry out Contracts
  34. 34. As a public company each procurement is submitted to Public Procurement Regulations
  35. 35. Procedures must ensure Transparency, Publicitiy ,Free Concurrence,
  36. 36. Hiring policy based on market rules. Employees are public,employees but not civil servant
  37. 37. Company as flexible and adaptable as a private firm but with administration keeping control
  38. 38. E cency Operational independ Control Single Till Principle in-house companies a solution.. Y our solution?
  39. 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. 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

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