question 1public private partnership ppp means


Question 1:

Public Private Partnership (PPP) means investment through private sector participation by a contractual arrangement between a procuring entity and a private sector entity where the private sector entity:

a) undertakes to perform or undertakes any construction project or service or lease;

b) assumes substantial financial, technical and operational risks in connection with the performance of a public function or use of public property; and

c) receives consideration for performing a public function or utilizing a public property, by way of fees from any public funds, user levies collected by the private sector entity from users or customers for a service provided by it, or a combination of such combination.

(i) Write briefly on two types of PPP in Mauritius.

(ii) In your opinion, what consideration should a public body make before opting for PPP?

(iii) Describe two forms of PPP utilized in Mauritius.

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Business Law and Ethics: question 1public private partnership ppp means
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