The success of PPPs lie in the ultimate benefit they offer society at large. Many projects developed through the PPP framework have suffered due to the emergence of post award contract management issues such as non-performance of obligations, occurrence of uncertain/ unforeseen events, etc. It is necessary for the public entity to anticipate the entire set of issues that could curb project development post award to the private partner and be geared up to manage these issues.
It is also required that the public entity monitors and governs the performance of the private partner in accordance with the terms and conditions of the agreement executed between them. This will also be in the interests of the private partner as there is a mechanism to ensure that the public entity also performs its part in the project diligently. Constitution of an effective contract management team which in turn devises a comprehensive contract management plan for the project, would go a long way in ensuring performance of obligations of both the private partner and the public entity.