The PPP team, within the World Bank Group’s Infrastructure department, is working with other development partners on the updated edition, expected to be released during summer 2019. The goal of the Guidance is to assist its target audience, namely contracting authorities – and particularly those in emerging PPP markets, with obtaining a better and more comprehensive understanding of a number of essential provisions in a PPP agreement, such as force majeure, termination payments and dispute resolution.
Following up on the 2017 edition, this new version will include:• An update of the existing eleven chapters in accordance with stakeholder feedback received on the 2017 edition, including the consideration of themes such as climate change and environmental/social issues in the context of PPP agreements. • Three additional chapters, including both sample drafting and commentary highlighting differences in legal systems and considerations relevant due to different levels of PPP transactional experience. The new chapters will cover the topics of (i) contracting authority step-in rights, (ii) termination events, and (iii) handback of assets at the end of the PPP agreement.
If you and/or your organization are interested in collaborating with the team to enhance the updated edition of the Guidance on PPP Contractual Provisions, please submit your comments and feedback through this form by April 30, 2019.Thank you in advance for your comments.