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    <title>National PPP Policy 2011 - Draft for Consultation - Defining Public Private Partnerships.</title>
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    <description>Public Private Partnership (PPP) is a time bound contractual arrangement between a public sponsor and a private sector entity for providing public assets or services, characterized by defined risk allocation, private financial and/or managerial participation, and performance linked payments benchmarked to predetermined measurable standards. Preferred PPPs retain public ownership of assets with reversion at contract end, and government supports models such as user fee concessions, annuity/availability contracts, performance based management, and modified turnkey arrangements. Unsolicited bids are discouraged due to transparency and bidding asymmetry concerns, with limited exceptions subject to Value for Money analysis and competent authority approval.</description>
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