The success of a project developed through a PPP framework is determined mostly when the project is executed and its commercial operations are underway. Post award period commences from the date of issue of Letter of Award to the Successful Bidder and ends after the expiry of Project Agreement/ Concession Agreement. Department of Economic Affairs, Ministry of Finance has issued a 'Post Award Contract Management Manual for PPP Concessions' which defines Post Award Contract Management; viz.
"Post- Award Contract Management denotes all those activities that are required to be undertaken by the Authority to administer, manage, govern and execute the project from time of Award of project up till its termination."
The type of post award contract management required for projects developed under a PPP framework is very different from what is required for projects that are conventionally developed by a public entity. The post award contract management issues in PPP arrangements largely pertain to the provision and delivery of services whereas those in conventional arrangements are focussed towards asset
| Why is post award contract management required? 1. Public Entity Perspective • To ensure that the private partner is performing its obligation as per the terms and conditions of the agreement • To ensure that the project is executed and operating as per the minimum service levels specified in the agreement • To prevent any revenue loss to the public entity 2. Private Partner Perspective • To ensure that the public entity also adheres to its obligations as set out in the agreement • To provide a platform for sharing its concerns and issues in project execution 3. Societal Perspective • To ensure safeguards, both environmental and social |