PPP Unit
Glossary of Capital Budgeting and Infrastructure Governance, published by the Organisation for Economic Co-operation and Development (OECD) in 2018, states:
A PPP Unit is an organization that has been set up by government to centrally facilitate, promote or improve PPPs across government departments. Its aim is to make capacity available by carrying out one or more of the following functions with regard to PPPs:
- Examination of projects in order to ensure that the PPPs meet specific quality criteria such as affordability, value-for-money (VfM), and appropriate risk transfer.
- Policy and rule guidance to decision makers based on theoretical and practical experience;
- Technical support to implementing agencies, including training in key subjects and methodologies;
- Promotion of PPP as a feasible and efficient method for infrastructure procurement;
- Coordination amongst relevant government entities in order to ensure correct processes.
[edit] Related articles on Designing Buildings
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- Major Projects Authority.
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