Public Procurement and Disposal (Public Private Partnerships), Regulations 2008.

Public Procurement and Disposal (Public Private Partnerships), Regulations 2008. Current Version

January 2022

This regulatory document defines public private partnership as a written contract recording the terms of a public private partnership concluded between a procuring entity and a private party. Subject to provisions of these regulations and the act, a procuring entity may enter into any of the following public private partnership arrangement: management contract whereby a procuring entity awards a private party the responsibility to manage and perform a specific service, within well-defined specifications for a specified period of time not to exceed five years and the procuring entity retains ownership and control of all facilities and capital assets and properties; a lease whereby the private party pays the procurement entity rent and manages, operates and maintains the facility and receives fees or charges from consumers for the provision of the service for specified time not exceeding fifteen years etc.