4.8  MANAGEMENT/MONITORING OF IMPLEMENTATION

Financial close is not the end of the process for the Government; it is only the beginning. Managing the PPP agreement starts at the inception phase of the PPP project cycle, designing appropriate solutions and managing input from different advisers. It continues through the selection of the investors and then during implementation of the project. Government must allocate resources and staff to ensure that the project is well managed during implementation, in particular where variations, renegotiation and refinancing are concerned. Each of the issues discussed below needs to be considered by the Government before starting procurement, to ensure processes are in place, established by contract and/or by law and properly funded.

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