4 | Ensuring Open Competition of Private Investors in LGU PPP Projects

 

 

 

 

Development

Appproval

Competition

Cooperation

 

Private sector participation in LGU infrastructure or development projects is important because it is more than just addressing the financial requirements of local projects. It also brings in a synergistic approach which can improve public sector service delivery by bringing on board technology, processes and expertise from the private sector into project implementation. Private sector participation can be realized either through solicitation of proposals or acceptance of unsolicited proposals as provided for in the IRR of the amended BOT Law. Critical to attracting private sector participation is the integrity of the PPP solicitation process. Thus, providing clear guidelines, and demonstrating transparency and accountability fortifies the participation between the public and private sector in PPP projects.

This chapter discusses the processes involved in the competition phase and ways of ensuring the integrity of the review and approval process for the PPP procurement.

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