https://www.taxtmi.com/news?id=2354 A structured institutional framework requires strengthened PPP nodal agencies (PPP Cells) to identify and develop projects, commission consultants and pre feasibility studies, manage transparent tendering, develop evaluation guidelines, build capacity, disseminate information, coordinate transactions for efficiency, and monitor implementation. Central government PPP projects must obtain clearance from the PPP Appraisal Committee to ensure commercial robustness, capped contingent liabilities and protection of user and public interests, with encouragement to use standardized contractual and bidding documents allocating risks and setting performance standards. Oversight and audit obligations remain under applicable law, covering selection, payments, quality monitoring, Value for Money analyses and contract compliance, while regulation of natural monopoly services will be through independent regulators or contractual arrangements, respecting existing contract provisions. en-us Thu, 20 Oct 2011 11:51:32 +0530 Thu, 20 Oct 2011 11:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2354 A structured institutional framework requires strengthened PPP nodal agencies (PPP Cells) to identify and develop projects, commission consultants and pre feasibility studies, manage transparent tendering, develop evaluation guidelines, build capacity, disseminate information, coordinate transactions for efficiency, and monitor implementation. Central government PPP projects must obtain clearance from the PPP Appraisal Committee to ensure commercial robustness, capped contingent liabilities and protection of user and public interests, with encouragement to use standardized contractual and bidding documents allocating risks and setting performance standards. Oversight and audit obligations remain under applicable law, covering selection, payments, quality monitoring, Value for Money analyses and contract compliance, while regulation of natural monopoly services will be through independent regulators or contractual arrangements, respecting existing contract provisions. News - Thu, 20 Oct 2011 11:51:32 +0530 https://www.taxtmi.com/news?id=2354