Question

The main principles of ppp

Answer 1

Answer:

PPP is based on two main principles:

Both parties invest in the project. In a financial sense (manpower, materials budget) and in an expertise-related sense (knowledge, networks).

The parties contribute to a societal and often also commercial purpose

Explanation:

Answer 2

Answer:

Explanation:

PPP is based on two main principles:

• Both parties invest in the project. In a financial sense (manpower, materials budget) and in an expertise-related sense (knowledge, networks).
• The parties contribute to a societal and often also commercial purpose.
• Equal Rights in Different Roles: It is not necessary for the agreed roles of the partners to be equal butit is necessary for them to have equal rights in their respective roles
• Clear Division of Tasks, Roles and Functions: The assignment of tasks and responsibilities is doneaccording to the actual capabilities and expertise of the partners.
• Risk Sharing: Sharing of risks and profits need to be made clear in the agreement and then strictlyadhered to during the whole duration of the partnership
• Secure public control: In case the private partner defaults or fails to fulfill its obligation, thegovernment should ensure that it has recourse rights to maximize the opportunity to resolve the issueor to take control.