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The European PPP Expertise Centre (EPEC) is a joint initiative involving the European Investment Bank (EIB), the European Commission, Member States of the European Union, Candidate States and certain other States. For more information about EPEC and its membership, please visit http://www.eib.org/epec.

This publication has been prepared to contribute to and stimulate discussions on public-private partnerships (PPPs) as well as to foster the diffusion of best practices in this area.

The findings, analysis, interpretations and conclusions contained in this publication do not necessarily reflect the views or policies of the EIB, the European Commission or any other EPEC member. No EPEC member, including the EIB and the European Commission, accepts any responsibility regarding the accuracy of the information contained in this publication or any liability for any consequences arising from the use of this publication. Reliance on the information provided in this publication is therefore at the sole risk of the user.

EPEC authorises the users of this document to access, download, display, reproduce and print copies of its content. When doing so, EPEC would be grateful to users for quoting the source of the material.