PPP Policy definition
Examples of PPP Policy in a sentence
Agreements for proposed PPP projects must be drafted and/ or vetted by qualified legal experts and must be in conformance with the relevant legislation and regulations, including but not limited to the PPP Policy 2016 and the PPP Rules and Regulations 2017.
The GOE approved the PPP Policy and PPP Proclamation in August 2017 and February 2018 respectively to establish the PPP Framework as a part of its actions to support its economic growth path The PPP proclamation established the PPP Directorate General (PPP DG) within the Ministry of Finance (MOF) and was tasked with managing the national PPP framework.
A specific tenure is used as one of the defining features of PPPs in the definition provided by the PPP Policy 2016.
According to the PPP Policy 2016, revenue sources of PPP arrangements can be tariffs (or user charges) and/ or annuity payments, based on the findings of the feasibility study.
The PPP Policy 2016 defines the PPP Agreement as a written agreement, for a fixed duration of time, between an Implementing Institution and a Concessionaire that sets forth the terms and conditions for the implementation of a Public Private Partnership.
In 2014, the MOH produced the Public- Private Partnership Strategy for the Health Sector to operationalize the National PPP Policy.
The PPP Policy further provides that tariffs (user fees) will consist of an initial tariff with a provision for tariff escalation/ resetting which would be provided for in the PPP Agreement.
Sindh shall ensure that the PPP Policy and the Project Development Fund guidelines incorporate adequate provisions to ensure that (a) national law and international best practice standards for environment and social compliance, as prescribed in the Equator Principles, are followed; and (b) gender inclusive mitigation and development measures are adopted in PPPs.
M/s is appointed as the Concessionaire of the UGC Expressway Project to operate and maintain the expressway by the UPEIDA as per the PPP Policy of the Government of Uttar Pradesh dated and UPEIDA/GoUP authorized M/s under this Concession Agreement to collect and retain the Toll or Fee on the UGC Expressway & Link Expressway as per rule 16 (1) of The Uttar Pradesh Expressway(Levy of Tolls and fixing of Fees and realization thereof) Rules,2010 ( hereinafter referred to as the “Rules 2010”).
The Authority has a right to accept or reject this request for an extension, subject to the approval of the PPP Policy Board in accordance with Applicable Laws.