SRI LANKA
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| SRI LANKA | GNI PER CAPITA (IN USD) | |||
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| Preparation of PPPs | |||
| Central Budgetary Authority's approval | Yes | Only before tendering | ||
| PPP's prioritization consistent with public investment prioritization | Yes | Detailed procedure not regulated | ||
| Economic analysis assessment | Yes | No specific methodology developed | ||
| Fiscal affordability assessment | No | |||
| Risk identification | No | |||
| Financial viability assessment | No | |||
| PPP vs. Public Procurement comparative assessment | No | |||
| Market assessment | No | |||
| Draft PPP contract included in the request for proposals | Yes | |||
| Standardized PPP model contracts and/or transaction documents | Yes | |||
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| Procurement of PPPs | |||
| Evaluation committee members required to meet specific qualifications | Yes | Detailed membership and/or qualifications regulated | ||
| Public procurement notice of the PPP issued by procuring authority | Yes | Available online | ||
| Minimum period of time to submit the bids (>=30 days) | Yes | 90 calendar days | ||
| Tender documents detail the stages of the procurement process | Yes | |||
| Clarification questions for procurement notice and/or the request for proposals | Yes | Answers are publicly disclosed | ||
| Financial model submitted with proposal | Yes | |||
| Proposals strictly and solely evaluated in accordance with published evaluation criteria | Yes | |||
| Procedure when only one proposal is received | Yes | Detailed procedure not regulated | ||
| Publication of award notice | Yes | Available online | ||
| Notification of the result of the PPP procurement process | Yes | Inclusion of grounds for selection not regulated | ||
| Regulation of negotiations with the selected bidder before contract signing | No | |||
| Publication of contract | No | |||
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| Assessment to evaluate unsolicited proposals | Yes | Consistency with government priorities evaluated | ||
| Yes | ||||
| Minimum period of time to submit the bids (>=90 days) | Yes | 90 calendar days | ||
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| PPP Contract Management | |||
| System to manage the implementation of the PPP contract | Yes | Contract management team; Participation of contract management team on PPP procurement process; Consultation with PPP procurement experts; PPP implementation manual | ||
| Monitoring and evaluation system | Yes | The procuring authority gathers info | ||
| Regulation of a change in the structure (i.e. stakeholder composition) of the private partner | No | |||
| Regulation of modification/renegotiation of the PPP contract (once the contract is signed) | Yes | Limitation to change the scope and/or object of the contract | ||
| Regulation of circumstances that may occur during the life of the PPP contract | Yes | Force majeure | ||
| Dispute resolution mechanisms | Yes | Recourse to arbitration | ||
| Lenders step-in right | No | |||
| Grounds for termination of a PPP contract | No | |||
