Recommended PPP Contractual Provisions Report
The purpose of this Report is to present and discuss ‘recommended’ language in respect of a selection of these typically encountered provisions. The ‘recommendations’ contained in this Report are not meant to be prescriptive – specifically, they are not mandatory clauses for use in all PPP transactions which
the World Bank Group financially supports. Instead, the objective of this document is to set out contractual language that has been found to be appropriate in many PPP transactions, and to describe the rationale for the provisions. By this means, the authors of the Report hope to foster discussion of these contractual provisions, with a view to helping to reduce the aforementioned time and expense associated with PPP Contract development. We also hope that, by encouraging consensus-building around these provisions, infrastructure will become more attractive as an asset class for a variety of investors, including institutional investors such as pension funds.