4.1  Contract management

The contract management stage involves a series of steps summarised in the chart below.

During the implementation of the PPP project, the Authority should ensure:

•  that project management and contract management responsibilities are separated so that a team other than the project management team deals with issues that may occur after the signing of the PPP contract;

•  that the contract management team is given clearly defined responsibilities and sufficient resources; and

•  that management rules are established to deal with the PPP contract monitoring, adjustments to the contract and dispute resolution to maintain its integrity.

Although good preparation and procurement of a PPP project are important, the manner in which the PPP contract is overseen and managed during implementation is critical to its success or failure and to its actual ability to deliver the value for money expected at the procurement stage.