Common Contracts

1 similar Public Private Partnership Agreement contracts

PUBLIC PRIVATE PARTNERSHIP AGREEMENT
Public Private Partnership Agreement • January 10th, 2024

Public-Private Agreement (PPP Agreement) is an agreement between a contracting authority and a private partner, made in accordance with this Act in which the private partner – (a) agrees to perform or undertake any infrastructure project or social sector service project; (b) assumes financial, technical or operational risks in connection with the performance of a public function or the use of public property; and (c) receives consideration for performing a public function or utilizing public property, by way of (i) a fee from any revenue fund or budgetary fund of the Government; (ii) user levies collected by the private partner from end-users or customers for a service provided by the private partner; or (iii) a combination of the consideration paid under subparagraphs (i) and (ii).

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