https://www.taxtmi.com/news?id=2351 The policy mandates a life cycle PPP approach to harness private efficiencies for asset creation, maintenance and service delivery, ensure affordable and sustainable services, and manage risks by adopting fair, transparent procurement and governance. It requires formalising preferred PPP models, publishing PPP rules on procurement and contract clauses, enhancing transparency through mandatory disclosures and dispute resolution mechanisms, using market based price discovery where projects grant exclusive resource rights, and providing for contingent liabilities in government budgets. en-us Thu, 20 Oct 2011 11:48:44 +0530 Thu, 20 Oct 2011 11:48:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2351 The policy mandates a life cycle PPP approach to harness private efficiencies for asset creation, maintenance and service delivery, ensure affordable and sustainable services, and manage risks by adopting fair, transparent procurement and governance. It requires formalising preferred PPP models, publishing PPP rules on procurement and contract clauses, enhancing transparency through mandatory disclosures and dispute resolution mechanisms, using market based price discovery where projects grant exclusive resource rights, and providing for contingent liabilities in government budgets. News - Thu, 20 Oct 2011 11:48:44 +0530 https://www.taxtmi.com/news?id=2351