
This first section presents a brief overview of the regulatory and institutional arrangements that govern public-private partnership (PPP) projects. Procuring Infrastructure PPPs 2018 covers a wide range of economies with different legal, regulatory, and institutional systems. While this information is critical to inform all relevant stakeholders and guide them in their decision-making process, the Procuring Infrastructure PPPs 2018 indicator does not advocate for a specific approach that policy makers should take to set up the regulatory and institutional frameworks for PPPs. Consequently, it does not score economies differently based on what regulatory configuration they adopt. On the contrary, the objective of this initiative is precisely to provide contextual information as well as examine PPP regulatory and institutional frameworks on a much more granular level.