Dispute Resolution in Public-Private Partnerships (PPPs) [Video]

Public-Private Partnerships (PPPs) are pivotal for infrastructure development,merging public resources with private sector efficiency. However, disputes,stemming from financial disagreements, scope changes, and performance issues,demand adept resolution mechanisms.

Dispute Resolution Boards (DRBs) involveindependent experts monitoring projects, providing real-time advice in aproactive approach to prevent or promptly address disputes. Litigation, as alast resort, entails legal action through the court system, albeit being aslower and costlier option, sometimes deemed necessary. Performance-basedcontracts with clearly defined metrics and penalties deter disputes, aligninginterests and ensuring accountability.

Risk allocation and mitigation involvethorough assessments during contract negotiation, reducing the likelihood ofdisputes through clearly defined responsibilities. Regular audits and reviewsfacilitate ongoing compliance assessments, identifying potential issues fortimely intervention and resolution.

Understanding PPP Disputes

Public-Private Partnerships (PPPs) are collaborative ventures between governments and private entities to deliver public infrastructure and services. Disputes within PPPs can stem from diverse sources, such …