Schedule, The Public-Private Partnership Act, 2010

ILLUSTRATIVE PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS The following public-private partnership transactions, with variations and combinations, may be entered into by a contracting authority for undertaking a PPP Project. The transactions enumerated in this Schedule are for illustration only, and do not constitute an exhaustive list of potential PPP transactions. 1. An arrangement whereby a contracting authority defines and grants specific rights to a private partner to build and operate a facility, or otherwise provide a public service, for a fixed period of time. In certain concession arrangements, ownership of the facility may revert to the contracting authority at the end of the contractual period, as is the case in Build-Operate-Transfer (BOT) or Rehabilitate- Operate-Transfer (ROT) transactions. Alternatively, ownership of the facility may remain with the private partner, as is the case in a Build-Own-Operate (BOO) transaction. In concession transactions, payments can take place in either direction, in that a private partner may make payments to the contracting authority for the concession rights, including the right to charge end-users, or the contracting authority may make payments to the private partner to compensate the private partner for the cost of providing the facility or service. Transitional provision. Consequential amendments. 44 45 Concession 2. An arrangement whereby a contracting authority leases a project owned by the Government to a private partner, who is permitted to operate and maintain the project for the period specified in the PPP Agreement. Pursuant to the terms of the lease, the private partner makes lease fee payments to the contracting authority, and is entitled to charge end-users for the service provided. 3. An arrangement whereby a contracting authority entrusts the operation and management of a project to a private partner for the period specified in the agreement, on payment by the contracting authority of a specified fee to the private partner, which may involve incentive payments. 4. An arrangement whereby a contracting authority outsources the supply of a specific service to a private partner for an extended period of time, in excess of three years. The service may be provided either to the contracting authority or directly to public endusers. Lease Management Long-term service 46 47 P RINTED AND P UBLISHED BY THE G OVERNMENT PRINTING D EPARTMENT , S IERRA LEONE. Passed in Parliament this day of , in the year of our Lord two thousand and Ten. VICTOR A. KAMARA, Clerk of Parliament. T HIS P RINTED IMPRESSION has been carefully compared by me with the Bill which has passed Parliament and found by me to be a true and correct printed copy of the said Bill. VICTOR A. KAMARA, Clerk of Parliament.