Examples of PPP Project in a sentence
When a matter of procedural nature related to the award of a PPP project is not regulated by this Law then the provisions of the legislation in force on public procurement shall apply.
Before initiating tendering procedures for a PPP project, the contracting authority shall carry out a project feasibility study, which shall serve as the basis to decide whether a potential project should be implemented.
During the implementation of a PPP project, the contracting authority may require the works concessionaire to award contracts to third parties that are at least thirty percent (30%) of the total value of the work on which the concession is awarded, as well as simultaneously provide an opportunity to the bidders to increase this percentage.
After the Committee approves and authorizes the PPP project and the initiation of the tender procedure, pursuant to paragraph 2 of Article 25 of this Law, the contracting authority conducts the pre-selection procedure to identify the bidders who possess the appropriate qualifications for the successful implementation of that project.
The contracting authority verifies whether the bids meet the criteria for awarding the PPP project.