Comparative Study of Contractual Clauses to Provide for the Smooth ...
Comparative Study of Contractual Clauses to Provide for the Smooth ...
Comparative Study of Contractual Clauses to Provide for the Smooth ...
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<strong>Comparative</strong> <strong>Study</strong> <strong>of</strong> <strong>Contractual</strong> <strong>Clauses</strong> <strong>for</strong> <strong>the</strong> <strong>Smooth</strong> Adjustment <strong>of</strong> Physical Infrastructure and Services through<strong>the</strong> Lifecycle <strong>of</strong> a PPP ProjectAugust 2012Table 1: PPP Frameworks compared in this <strong>Study</strong>AustralianSocialInfrastructurePrinciplesAustralianEconomicInfrastructurePrinciplesUK SOPC 4South AfricanStandardisedPPPProvisionsNHAI TollRoadContractNHAI AnnuityRoadContractDate ReleasedDecember2008February 2011 March 2007 March 2004 March 2000 2003Infrastructure Sec<strong>to</strong>rsSocialInfrastructureEconomicInfrastructureAll exceptIn<strong>for</strong>mationTechnologyAll Roads RoadsPrivate Party’s revenuesourceGovernmentPaymentsUser ChargesGovernmentPaymentsGovernmentPaymentsUser ChargesGovernmentPaymentsInfrastructure Opera<strong>to</strong>r Government Private Party Government Government Private Party Private PartyPage 8 <strong>of</strong> 35Foster Infrastructure