1 / 5

Delegated Acts concerning PPPs

Delegated Acts concerning PPPs. Brendan Smyth DG REGIO. Public Private Partnerships in CPR. A more prominent role for public-private partnerships in the Common Provisions Regulation: Recital 59: "this Regulation should take account of certain characteristics specific to PPPs"

rdaigle
Download Presentation

Delegated Acts concerning PPPs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. DelegatedActsconcerningPPPs Brendan Smyth DG REGIO

  2. Public Private Partnerships in CPR • A more prominent role for public-private partnerships in the Common Provisions Regulation: • Recital 59: "this Regulation should take account of certain characteristics specific to PPPs" • Article 2: definitions 24-26 • Articles 62-64: Delegated Acts are expansions of the provisions of these articles

  3. Delegated Act: Article 63(4): Additional conditions on the replacement of the private partner in a PPP • Article 1: conditions for replacement • Body or bodies replacing the private partners must fulfill the minimum conditions originally used when selecting the body being replaced • Replacement body agrees to assume the rights and obligations of a beneficiary in relation to a grant

  4. Delegated Act: Article 63(4): Additional conditions on the replacement of the private partner in a PPP • Article 2: notification of managing authority: the body replacing a private partner must inform the managing authority in writing of the replacement • Article 3: confirmation of notification of replacement by managing authority and notification of change to Commission

  5. Delegated Act: Article 64(4): Minimum requirements in PPP agreements featuring an escrow account • Article 1: PPP agreement must contain minimum conditions • Article 2: requirements in PPP agreement concerning escrow account, including selection of financial institution, conditions to make payments, information to be provided to managing authority • Article 3: provision for closure of an escrow account • Article 4: reporting and audit trail

More Related