Delivering PPPs: Frameworks to Monitor and Manage Contracts
India has one of the largest and growing programs of Public-Private Partnerships for infrastructure development. Since 2004, there have been concerted efforts by the national and the state governments to facilitate PPPs and around 280 PPP projects are currently operational. There is an urgent need to strengthen the institutional and regulatory framework and build capacity to efficiently manage and monitor PPP contracts, so that they deliver the committed services.
The Department of Economic Affairs (DEA), Ministry of Finance, Government of India has been playing a key role to scale-up the country’s PPP program with a policy framework, fiscal incentives, and capacity building support. The World Bank Institute (WBI) assisted DEA to organize a Workshop on PPP Project Delivery: Institutional Framework for Contract Management & Monitoring, on July 30, 2013 in New Delhi.
This was the first workshop in India that focused entirely on the issues of implementing PPPs. The workshop focused on the transport sector and highlighted the importance of contract management and monitoring during the entire lifecycle of PPP projects. Participants discussed issues of risk management, dispute resolution and renegotiations of PPP contracts, and provided practical guidance for setting up effective institutional frameworks for contract management.
The workshop provided an opportunity for senior policy makers and practitioners working on PPPs in India, to interact and learn from the experience of other countries with large PPP programs. Relevant international experience and case studies from Brazil, Chile, and South Africa were shared. The participants appreciated the experience and knowledge exchange from other countries and stressed the need for capacity building to manage PPP programs.