1. Government Entity: The Government Entity is responsible for the Contract Management and Performance Monitoring phase, regulating the performance of the private sector operator through the tenor of the contract till the handover (if applicable). The Government Entity must work in conjunction with the Department of Finance to regularly request progress reports from the private sector operator, and consistently track performance to administer the corresponding/penalty incentive regime, and observe risks that could materialise so that mitigation measures can be adopted.
2. Department of Finance: The Department of Finance will be the chief provider of assistance to the Government Entity during the post-procurement process. The Department will maintain an oversight role over the monitoring and risk management process, ensuring that the Government Entity is adopting the requisite mitigation measures and is implementing the penalty/incentive regime in a fair manner. The Department is also in charge of ensuring that the performance of the private sector operator adheres strictly to the signed contract, with all material Deviations reported to the Supreme Fiscal Committee for further review and action.
3. Supreme Fiscal Committee: The Supreme Fiscal Committee is in charge of approving all material Deviations from the guidelines and the standard PPP contract, and of approving any explicit requests from the Department of Finance during the course of the post-procurement process.
4. Partnership Committee: The Partnership Committee will continue to function as the primary internal supervisory body within the Government Entity, reviewing the performance of the Contract Management team, and constantly monitoring adherence to the signed PPP contract.