Law library · Sierra Leone · The Public Private Partnership Act, 2014
Schedule–, The Public Private Partnership Act, 2014
Status not yet checkedThe Public Private Partnership Act, 2014, Sierra Leone
ILLUSTRATIVE PUBLIC PRIVATE PARTNERSHIP
ARRANGEMENTS
The following PPP Agreement, 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 Agreements.
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 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.
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 the endusers.
Management
contract
Lease
Consession
Long-term
service
contract
No. 11 Public Private Partnership Act 2014 No. 11 Public Private Partnership Act 201448 49
Passed in Parliament this 24th day of July, in the year of our Lord two
thousand and fourteen.
IBRAHIM S. SESAY,
Clerk of Parliament.
THIS PRINTED 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.
IBRAHIM S. SESAY,
Clerk of Parliament.
PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTING DEPARTMENT, SIERRA LEONE.
GAZETTE NO. 58 OF 30TH OCTOBER, 2014.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.