This section presents the individual Economy Data Tables, which include the scores for each of the four thematic areas measured by the report: preparation of public-private partnerships (PPPs), procurement of PPPs, contract management, and unsolicited proposals (USPs). In addition, the areas assessed and included in the scoring within each of the four thematic areas are displayed in the Economy Data Tables to facilitate the identification of areas of improvement. Table 1 summarizes the areas assessed and scored in Procuring Infrastructure PPPs 2018.
Scores range between 0 and 100. Higher scores signify that an economy's regulatory framework is in greater compliance with internationally recognized good practices in an area. Lower scores indicate that there is considerable room for improvement because of less adherence to international good practices measured by Procuring Infrastructure PPPs 2018. All benchmarks in the assessment are given an identical weight by the scoring methodology. A detailed description of the scoring methodology is contained in Appendix 1.
Not all the data collected in the preparation of Procuring Infrastructure PPPs 2018 are scored. Only regulations and practices that are internationally recognized as good practices receive scores. Therefore, those regulations and practices for which no international consensus exists are not scored; this information is collected only for purposes of providing context. For a selected set of questions, clearly identified in the scoring methodology (Appendix 1), scoring includes the extent to which the regulatory framework is respected in practice, according to the expert contributors who helped devise and refine the survey. It is thus important to note that the assessment reflected in the scores relies on the information provided by the expert contributors. The Procuring Infrastructure PPPs 2018 team also crosschecked answers based on regulatory references with the referenced documents. Other answers reflect the opinion expressed by the expert contributors. For most economies, however, given the already limited number of expert contributors, the pool of contributors does not constitute a representative sample. Consequently, the assessment, particularly when referring to the contributors' perceptions, must be understood in the context of this limitation.
Moreover, Procuring Infrastructure PPPs 2018 is still perfecting its methodology. There have been significant changes in the scope of the exercise in comparison with Benchmarking PPP Procurement 2017. New questions have been added and several other questions have been heavily reformulated. Additional questions and reformulated questions scored in this edition are identified in Appendix 2. Therefore, changes in the scores should be interpreted with caution because they may be unrelated to regulatory reforms and depend only on changes in the scope of the assessment. Therefore, the scores contained in Procuring Infrastructure PPP 2018 are not comparable with the ones from the Benchmarking PPP Procurement 2017 report.
All the data points employed in the scores for each thematic area, along with all the non-scored data points, are publicly available on the project's website (http://bpp.worldbank.org). The website provides a full dataset for each economy, including all the answers to the questions and sub-questions of the survey instrument. In addition to providing greater context, the data on the website provides, when applicable, the detailed regulatory basis for each assessed item. This can deepen the understanding of each economy's regulatory framework and practice related to PPP procurement.
Table 1 Areas assessed and scored by Procuring Infrastructure PPPs 2018
Preparation of PPPs | Procurement of PPPs | Contract management of PPPs | Unsolicited proposals (USPs) |
Approval by the Ministry of Finance or central budgetary authority | PPP evaluation committee meets specific qualifications | PPP contract management system | Regulation or prohibition of USPs |
Fiscal treatment of PPPs (budgetary, accounting, and reporting treatment of PPPs) | Publication of the PPP procurement notice, award notice, and PPP contract (including subsequent amendments) | System for tracking progress and completion of construction works under a PPP contract | Evaluation of USPs |
Consistency of PPP within other public investment priorities | No prohibition of foreign companies participating in the PPP bidding process | PPP contract monitoring and evaluation system of the PPP contract implementation after construction | Vetting procedure and/or pre-feasibility analysis. |
Assessment of PPP feasibility: Socioeconomic impact | Legal minimum period of time granted to prepare PPP bids | No prohibition of foreign companies from repatriating the income resulting from the operation of PPPs | Consistency of USPs with other government priorities |
Assessment of PPP feasibility: Fiscal affordability | Procurement procedures available when procuring PPPs | Change in the structure of the special purpose vehicle (SPV) | Requirement for competitive procedure to award USPs |
Assessment of PPP feasibility: Risk identification | Inclusion in the tender documents of details of the PPP procurement process | Modification or renegotiation of PPPs | Legal minimum period of time granted to prepare alternative proposals |
Assessment of PPP feasibility: Comparative assessment (value for money) | Inclusion in the tender documents of prequalification/ short-listing criteria (when applicable) | Force majeure, material adverse government change, change in the law, refinancing, and subcontracting |
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Assessment of PPP feasibility: Bankability | Questions, clarifications, pre-biding conference, and disclosure of answers and results | Dispute resolution mechanisms |
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Assessment of PPP feasibility: Market sounding/assessment | Inclusion of financial model in the proposals | Lenders' step-in rights |
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Assessment of PPP feasibility: Environmental impact assessment | Evaluation according to evaluation criteria stated in tender documents | Grounds for and consequences of PPP contract termination |
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Inclusion of assessments in the request for proposals and/or tender documents | Treatment of sole proposals |
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Inclusion of draft PPP contract in the request for proposal | Notification to all bidders of the results of the PPP procurement process |
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Publication of assessments and tender documents online | Establishment of a legal standstill period |
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Standardization of PPP contracts | Restriction of negotiations between the time of the award and the signature of the PPP contract |
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Note: PPP = public-private partnership; USP = unsolicited proposal.