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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 20122.2 A Consistent TerminologyEach <strong>of</strong> <strong>the</strong> PPP Frameworks examined in this study uses its own terminology <strong>for</strong> commonPPP concepts. Table 2 sets out <strong>the</strong> terminology used in each jurisdiction <strong>for</strong> concepts thatare particularly relevant <strong>to</strong> this study. For each concept, <strong>the</strong> terminology used in this reporthas been highlighted in bold text.Table 2: Terminology used by each JurisdictionAustraliaUnitedKingdomSouthAfricaIndiaThe private sec<strong>to</strong>r party <strong>to</strong><strong>the</strong> PPP contractThe public sec<strong>to</strong>r party <strong>to</strong> <strong>the</strong>PPP contractPrivate Party Contrac<strong>to</strong>r Private Party ConcessionaireGovernment Authority Institution NHAIA change in <strong>the</strong> services orinfrastructure provided by <strong>the</strong>private sec<strong>to</strong>r partyModificationChange inServiceVariationChange <strong>of</strong>Scope /CapacityAugmentationSmall changes that can beimplemented through asimplified mechanismMinor Works[No equivalentterminology]Small WorksVariation[No equivalentterminology]Regular payments made bygovernment through <strong>the</strong>operational phase <strong>of</strong> <strong>the</strong> PPPcontract <strong>for</strong> <strong>the</strong> servicesprovided by <strong>the</strong> private partyService FeeUnitaryChargeUnitaryPaymentAnnuityPage 9 <strong>of</strong> 35Foster Infrastructure

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