Guidelines for Monitoring of PPP Projects

Abstract

As reliance on Public Private Partnerships (PPPs) for building and operating infrastructure projects grows across sectors, it is essential to establish institutional structures necessary for managing this paradigm shift. Since PPP projects are aimed at providing efficient services at competitive costs, their essence lies in ensuring that these objectives arc fully realised. It is equally important to protect the public exchequer from any unintended misuse or claims from concessionaires. The Guidelines for Monitoring of PPP Projects have, therefore, been issued with the objective of enabling project authorities to evolve institutional arrangements for monitoring and supervision of their respective projects. PPP projects normally empower the concessionaire to use public assets for building infrastructure projects and also to levy and collect user charges for the use of such public assets.