Section 15, The Public Private Partnership Act, 2014

(1) Without prejudice to section 14, a PPP Agreementshall set out the extent to which a private partner is entitled to a revision of the PPP Agreement with a view to providing compensation in the event that the costs of the private partner's performance of the agreement have substantially increased or that the value the private partner receives for such performance has substantially diminished as compared with the costs and the value of performance originally foreseen, as a result of - (a) changes in economic or financial conditions of such a nature and scale that they could not be attributed to the management, operation or other projects risks already undertaken by the private partner under the conditions of the PPP Agreement; or (b) changes in legislation not specifically applicable to the PPP Agreement; provided that the economic, financial, or legislative changes after the conclusion of the PPP ( i) are beyond the control of the private partner; and (ii) are of such a nature that the private partner could not reasonably be expected to have taken them into account at the time the PPP Agreement was negotiated or have avoided or overcome their consequences. (2) A PPP Agreement shall establish procedures for revising the terms of the PPP Agreement following the occurrence of the circumstances described in subsection (1). (3) A PPP Agreement shall specify rights of the contracting authority to make changes to the works or services which private partner must perform under the PPP Agreement and any compensation payable in such circumstances.