Characteristics of the PPP model

Characteristics of the PPP model –Taking into account  the costs and revenues associated with an infrastructure facility, both during construction and during the period of planned operation, increases the efficiency of service delivery.

Optimal risk distribution is a key principle of any PPP scheme. Within the framework of the project, potential risks are identified, divided between the public and private sectors, and the risks are directed to the party that manages them more effectively.

Another important element of the PPP model is accountability for performance. Thus, payments by the state to the private sector are made on the basis of work done or results obtained in accordance with predetermined quantitative, qualitative and time norms.

At the same time, during the preparation of the PPP project, detailed research and analysis, including "Value for Money", comparison with traditional procurement, feasibility study is carried out, which allows to select and successfully implement the appropriate project.