Conditions to qualify as a “Bankable PPP project”
Purpose of the MoU
UNET is focusing on the research of bankable Public-Private Partnership projects. The sectors have to be consistent with Climate Change. PPP tutorial-Which sectors?
Conditions to qualify as a ‘Bankable PPP project’
◊ A Private company ‘Project Leader’ demonstrating:
- Sufficient financial resources;
- Financial and management capacities to handle a PPP;
- Experience in the sector;
- Viability of the identified PPP project (business plan).
◊ A Private company ‘Technology provider’ to supply sustainable assets (technology) including a maintenance programme.
◊ A description by the Public sector of their public service needs as well as thei involvement in the PPP project through the provision of resources (such as land).*
* UNET can also provide support to the ‘Project Leader’ to draft a spontaneous PPP offer. For more information: Management capacity building- Procurement
As soon as an identified Public-Private Partnership project meets all the conditions above, UNET will propose to the Project Leader and Technology provider the signing of a Memorandum of Understanding (MoU).
Purpose of the MoU
To set out the following terms and conditions between the parties:
- Phase 1 : Submission of bankable Public-Private Partnership project to International Financial Institutions: Pre-Faisability Study (PFS).
- Phase 2 : Conducting a Faisability Study (FS).
- Phase 3 : Provision of Financial and Contractual solutions for setting up a PPP project.