This document discusses legal frameworks for public-private partnerships (PPPs). It addresses whether a specific PPP legal framework is necessary, the benefits of standardizing PPP procedures and contracts, what elements are best standardized, and the optimal form of standardization. Key points include: 1) Standardization can reduce costs and improve quality but must balance flexibility. 2) Procedures like approvals and competitive bidding are best standardized. 3) Contract contents are best partially standardized while allowing for risk allocation flexibility. The best approach combines legislative framework with supplemental guidelines.
Policy & Strategy for PPP in BangladeshEhsan Tanim
In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government's Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.
Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister's Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards. A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects.
Decentralization and Coordination of Government Agencies for the Implementati...Mauricio Portugal Ribeiro
Presentation on the Decentralization and Central Coordination of Government Agencies/Deparments for the Implementation of PPP Program. This presentation was first done in PPPI Days, 2006, which is a seminar organized by the World Bank Institute that used to be accessible only to the PPP Unit heads.
ISMED Training: PPP Fundamentals by Andrew Fitzpatrick, OECDOECDGlobalRelations
Presented at the Training Session on Public Private Partnerships organised by the MENA-OECD Investment Security in the Mediterranean (ISMED) Support Programme in September 2014.
Policy & Strategy for PPP in BangladeshEhsan Tanim
In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government's Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.
Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister's Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards. A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects.
Decentralization and Coordination of Government Agencies for the Implementati...Mauricio Portugal Ribeiro
Presentation on the Decentralization and Central Coordination of Government Agencies/Deparments for the Implementation of PPP Program. This presentation was first done in PPPI Days, 2006, which is a seminar organized by the World Bank Institute that used to be accessible only to the PPP Unit heads.
ISMED Training: PPP Fundamentals by Andrew Fitzpatrick, OECDOECDGlobalRelations
Presented at the Training Session on Public Private Partnerships organised by the MENA-OECD Investment Security in the Mediterranean (ISMED) Support Programme in September 2014.
A presentation on what is Public, Private partnership. It also depicts the use, benefits, defects and why it should be adopted or avoided in the tourism sector.
Towards and Integrated Governance Framework for Infrastructure by Ian Hawkesw...OECD Governance
Presentation by Ian Hawkesworth at the 7th annual meeting of the MENA Senior Budget Officials held on 10-11 December 2014. Find more information at http://www.oecd.org/gov/budgeting
In today’s global PPP environment, exposure to international best practice is vital. PPP projects have demanding and exacting requirements. In this document, we will cover capacity building for PPP projects
In today’s global PPP environment, exposure to international best practice is vital
PPP projects have demanding and exacting requirements
In most cases in emerging market economies, at least some of the partners will be international
OECD review of the PPP governance framework in the United-Kingdom: preliminar...OECD Governance
This presentation was made by Ian Hawkesworth, OECD, at the 8th Meeting of Senior Public-Private Partnerships and Infrastructure Officials held in Paris on 23-24 March 2015.
12 erros mais comuns de modelagem em concessões e PPPs e a recente decisão do...Mauricio Portugal Ribeiro
12 erros mais comuns de modelagem em concessões e PPPs e a recente decisão do STF proibindo gestão de resíduos sólidos em áreas de preservação permanente.
Palestra ministrada por Mauricio Portugal Ribeiro, no dia 28/11/2018, no 2 Fórum de Gestores Municipais, em Salvador, BA.
A Medida Provisória n⁰ 752/16 e os setores rodoviário e aeroportuário - Seu c...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro sobre a Medida Provisória 752/16, que deveria tratar da reestruturação dos contratos de concessão, mas que lamentavelmente foca apenas na sua relicitação
Versão preliminar publicada em 26/01/2017.
A presentation on what is Public, Private partnership. It also depicts the use, benefits, defects and why it should be adopted or avoided in the tourism sector.
Towards and Integrated Governance Framework for Infrastructure by Ian Hawkesw...OECD Governance
Presentation by Ian Hawkesworth at the 7th annual meeting of the MENA Senior Budget Officials held on 10-11 December 2014. Find more information at http://www.oecd.org/gov/budgeting
In today’s global PPP environment, exposure to international best practice is vital. PPP projects have demanding and exacting requirements. In this document, we will cover capacity building for PPP projects
In today’s global PPP environment, exposure to international best practice is vital
PPP projects have demanding and exacting requirements
In most cases in emerging market economies, at least some of the partners will be international
OECD review of the PPP governance framework in the United-Kingdom: preliminar...OECD Governance
This presentation was made by Ian Hawkesworth, OECD, at the 8th Meeting of Senior Public-Private Partnerships and Infrastructure Officials held in Paris on 23-24 March 2015.
12 erros mais comuns de modelagem em concessões e PPPs e a recente decisão do...Mauricio Portugal Ribeiro
12 erros mais comuns de modelagem em concessões e PPPs e a recente decisão do STF proibindo gestão de resíduos sólidos em áreas de preservação permanente.
Palestra ministrada por Mauricio Portugal Ribeiro, no dia 28/11/2018, no 2 Fórum de Gestores Municipais, em Salvador, BA.
A Medida Provisória n⁰ 752/16 e os setores rodoviário e aeroportuário - Seu c...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro sobre a Medida Provisória 752/16, que deveria tratar da reestruturação dos contratos de concessão, mas que lamentavelmente foca apenas na sua relicitação
Versão preliminar publicada em 26/01/2017.
Comentários às Diretrizes Recentemente Publicadas do Novo Programa de Investi...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro sobre as diretrizes do programa federal de investimentos em infraestrutura, divulgadas em 13/09/2016
Versão preliminar publicada em 26/09/2016.
Medida Provisória 727 sobre PPI: o Governo Temer renunciou a usar investiment...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro sobre as principais omissões do Programa de Parceria de Investimentos - PPI do Governo Federal, e da Medida Provisória 727/16 que o criou.
Versão preliminar publicada em 05/07/2016.
Programa de curso a ser ministrado por Mauricio Portugal Ribeiro e Gabriel Galipolo, em São Paulo, em 25 e 26 de agosto de 2016, sobre equilíbrio econômico-financeiro de concessões e PPPs.
Aleatoriedade em processos de reequilíbrio de contratos: o uso de estimativas...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro sobre os elementos aleatórios no reequilíbrio de contratos de concessão e PPP.
Versão preliminar publicada em 03/04/2016.
A necessidade de aperfeiçoamento da distribuição de riscos a ser prevista nos...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro sobre a necessidade de aperfeiçoamento da distribuição de riscos dos próximos contratos de concessão de rodovias do Estado de São Paulo.
Versão preliminar publicada em 16/03/2016.
Comentários ao Estudo sobre Estruturação de Concessões e PPPs elaborado pelo ...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro, sobre estudo, financiado pelo BNDES e pelo IFC, e recentemente publicado, sobre o desenvolvimento de estudos para projetos de infraestrutura no Brasil sobre a forma de PMI - Processo de Manifestação de Interesse.
Publicado em 03/03/2016
Programa do curso de ser ministrado em 2 dias. Busca responder às seguintes perguntas: como deveria ser estruturada as principais partes de um contrato de concessão e PPP? Quais os principais erros que estão sendo cometidos na modelagem desses contratos? Como deveria ser uma licitação de concessão ou PPP?
Seguro-garantia de cumprimento de contrato com cobertura integral como único ...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro, sobre a proposta de utilização de seguro-garantia de cumprimento de contrato de valor igual ao valor do contrato ou do investimento, como único ou principal instrumento para a habilitação em licitações públicas de obras, concessões ou PPPs de infraestruturas.
Publicado em 31/12/2015.
Artigo de autoria de Mauricio Portugal Ribeiro sobre o “PPP Mais e o regime dos contratos de concessão e PPP: erros, acertos e oportunidades que não deveriam ser perdidas", publicado em 15/12/2015.
Programa de seminário promovido pelo CERI - Centro de Estudos em Regulação e Infraestrutura da FGV, sobre a mitigação de riscos em concessões de infraestrutura, a se realizar no dia 08/12/2015, no Rio de Janeiro
Artigo de autoria de Mauricio Portugal Ribeiro e Gabriela Engler Pinto, sobre os efeitos jurídicos de aumento de eficiência operacional que torna desnecessária a expansão de infraestrutura em contratos de concessão e PPP.
A primeira versão foi carregada no slideshare em 16/11/2015, mas foi tornada acessível ao público apenas em 19/11/2015.
Artigo de autoria de Mauricio Portugal Ribeiro, sobre os reequilíbrios incompletos de contratos de concessão e PPP: reequilíbrios econômicos que não caracterizam reequilíbrios financeiros; e, reequilíbrios financeiros que não caracterizam reequilíbrios econômicos. Publicado em 01/11/2015.
Artigo de autoria de Mauricio Portugal Ribeiro, sobre a regra que proíbe que a atividade de recomposição do equilíbrio econômico-financeiro altere a distribuição de ricos originária do contrato de concessão ou PPP. Publicado em 20/09/2015.
O atraso em reequilibrar concessões e PPPs pode ser enquadrado como improbida...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro e Denise Nefussi Mandel sobre as consequências do atraso em reequilibrar contratos de concessão e PPP. Publicado em versão preliminar 13/09/2015.
Programa de curso a ser ministrado por Mauricio Portugal Ribeiro e Gabriel Galipolo, em São Paulo, em 22 e 23 de outuburo de 2015, sobre equilíbrio econômico-financeiro de concessões e PPPs.
COMO LIDAR COM O RISCO DE FINANCIAMENTO DE CONCESSÕES E PPPS EM PERÍODOS DE N...Mauricio Portugal Ribeiro
Artigo de autoria de Mauricio Portugal Ribeiro, sobre o risco de financiamento de concessões e PPPs, em períodos de normalidade e de crise. Publicado, em versão preliminar, no dia 08/07/2015
2. Introduction
The expression PPP encompasses several
different arrangements
Ranging from BOT, DFBOT, O&M contracts,
concessions, PFI-like contracts, to the creation of joint
ventures or legal entities with private and public
participation, assets sales, divestitures etc.
Traditionally, countries have legal and
institutional framework for concessions, public
works and public enterprises
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3. Questions Raised
Is it necessary to have a legal and institutional
framework specifically for PPP?
Is it convenient to standardize PPP?
What should be standardized?
What are the best tools and form to standardize
PPP?
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4. Is it necessary to have a legal and
institutional framework on PPP?
In Civil Law Jurisdictions – sometimes
yes, as the Constitution or/and the Laws
require the issuance of a Legislative Act
to allow PPP
Common Law Jurisdictions – generally
no, because Government contracting
activity falls under the general contract
law
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5. Is it convenient to
standardize PPP?
Standardization is said to
Reduce transaction costs
• Eases the process of production of project
documents
• Eases the process of making the structure of the
deals known to the private sector
Improve the quality of the documents
Fasten the structuring, procuring and
contracting of PPP
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6. Is it convenient to
standardize PPP?
Standardization is said to
Facilitate spreading of best practices
Reduce flexibility
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7. Is it convenient to
standardize PPP?
It is advisable to have
High levels of standardization - procedures to
enter into PPP contracts
Low to medium levels of standardization –
content of contracts
• It is important to preserve some flexibility
• The case of the SoPC as an exception
• Only PFI contracts
• Has a process of approval of exceptions in place
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8. What should be
standardized?
Procedures
affordability analysis and fiscal impact
value for money access
project studies and documents quality check
competitive procedures to award the project
Those procedures must be conduced by
agencies
with clear responsibilities regarding the PPP program
endowed with the adequate technical and financial
resources and political support to conduce them
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9. What should be
standardized?
Contents
Requirement of competition for the market
and when possible in the market
Allow any sort of risk allocation
arrangements
• Possibility of evolving to risk sharing principles
Foster arrangements that focus on outputs
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10. What should be
standardized?
Contents
Depending on the macroeconomic and political context
of the country, it may be a good idea to entitle
private partners to some sort of economic equilibrium
of the contracts
Fiscal impact studies?
Scale of PPP projects?
Conflict solving mechanisms?
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11. What is the best form of
standardization?
Two available models
Legislative Act on PPP – Civil Law
Jurisdictions
• Difficulties to change (political timing)
• Generally is written in the form of a
Legislative Act – requires the project legal
advisers to develop contracts language
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12. What is the best form of
standardization?
Two available models
SoPC approach
• Form of guidelines on how to write a PFI contract eases the job
of the project legal advisers
• Contributes directly to
• Enhance the project documents quality
• Reduce the transaction costs
• Change is submitted only to technical timing - elaborated and
revised by the agency in charge of conducing the PPP Program
• Limited to PFI contracts (does not encompass all PPP contracts)
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13. What is the best form of
standardization?
The discussion on the language to be
used by the standard documents
(rules or standards?)
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14. Contact information
MAURICIO PORTUGAL RIBEIRO
Chief of the PPP Unit
Ministry of Planning, Brazil
E-mail: mauricio.ribeiro@planejamento.gov.br
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