- Because no one is indifferent to the performance and cost of the public services which are essential to our quality of life.
- Because public services provided by PPPs cannot close, and costs not recovered from the users must be paid by the taxpayers.
Cross-country studies show that better public information correlate with better public governance. This transparency is especially critical when dealing with complex and opaque and very long term contracts like PPPs and concessions.
- A concise project description and contract summary in plain language, including project justification and major phases and milestones
- The current (and previous) version of the PPP contract, including side agreements, any changes made to the contract and to the respective Government budget, keeping the redactions/blackout of items considered confidential to a minimum. Contract changes, including claims, renegoaitions and arbitration decisions should be disclosed promptly, but no less than quarterly.
- Copies of the public partner’s periodic project progress/monitoring reports (quarterly during construction, annually during operation), including analyses of actual versus planned performance in timeline, budget payments, performance indicators, etc.
- This information should be subject to a process of validation prior to publication.
Iossa 2007 on ppp contract design http://www.gianca.org/PapersHomepage/Contract%20Design.pdf