The promotion of good governance based on certain generally accepted core principles is a major responsibility of the government. These core principles include: accountability, transparency, fairness, efficiency, participation, and decency. Given these core principles, the implementing agency may consider the following matters to ensure good governance in the PPPs:
• A fair and transparent rule-based administrative process by which projects are developed and procured;
• Fair incentives to all stakeholders and fair return to all partners taking into account their level of involvement and assumption of risks;
• A widely representative participatory decision-making process that takes into account concerns of all concerned stakeholders including those who may be adversely affected;
• An acceptable dispute resolution mechanism that assures continuation of services and prevents the failure of project;
• An arrangement for project delivery that ensures efficient utilization of human, financial, natural and other resources without sacrificing the needs of the future generations;
• An arrangement that improves and ensures public security and safety, and environmental safety; and
• An arrangement for the improvement of essential public services without harming or causing grievance to people and for which public officials remain responsible to society.
Further elaborations on issues in PPP governance can be found in a publication prepared by the Economic Commission for Europe9.
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9. The ECE publication entitled "Guidebook on Promoting Good Governance in Public-Private Partnerships", is available at <http://www.unece.org/ceci/publications/ppp.pdf>.