Dissolving a partnership at the end of the contract term is a legal process. This process is subject to both contract and statutory law. The original public private partnership contract between the parties should contain provisions to deal with dissolving the partnership.
Provisions to this effect may include:
• provision for disposal or transfer of assets (In cases where infrastructure or facilities are being transferred to the local government from the private sector partner, assurances of the state of the infrastructure or facilities need to be explicit in the contract.)
• allocation of net earnings or losses
• repayment of capital
• payment of liabilities
Depending on the complexity of the agreement or the infrastructure or services that it covers, the list of clauses that concern dissolving the partnership may vary considerably.