The commonly used project agreements in PPP arrangements are management contracts, lease agreements/affermage contracts and concession agreements. Of the three, concession agreements are the most standardised format of agreement. This is because MCA for development of National Highways and MCA for development of private sector projects in Major Ports have been issued by the Ministry of Shipping, Road Transport and Highways which are adopted by. In sectors where there are no MCA available; usually the MCA for development of National Highways may be used as template and guidance material for preparation of draft draft concession agreement. This is because the MCA captures all the standard clauses and provisions that need to form part of the contractual arrangements between the public entity and the private partner.
More on various contractual frameworks is set out in Module 2 of the PPP Guide for Practitioners on 'Understanding PPPs'.