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TYPES OF CONTRACTS OF PUBLIC - PRIVATE PARTNERSHIP INVESTMENT PROJECT (PPP PROJECT)

TYPES OF CONTRACTS OF PUBLIC - PRIVATE PARTNERSHIP INVESTMENT PROJECT (PPP PROJECT)

PPP project contract is a written agreement between the contracting agency and the investor/PPP project enterprise on the concession by the State to the investor/PPP project enterprise to implement the PPP project. PPP project contracts include the following types:
  • Build - Operate - Transfer contract (hereinafter referred to as BOT contract);
  • Build - Transfer - Operate contract (hereinafter referred to as BTO contract);
  • Build - Own - Operate contract (hereinafter referred to as BOO contract);
  • Operate - Manage contract (hereinafter referred to as O&M contract);
  • Build - Transfer - Lease contract (hereinafter referred to as BTL contract);
  • Build - Lease - Transfer contract (hereinafter referred to as BLT contract);
  • Mixed contracts.
The above types of contracts are divided into 2 main groups, namely:
- The contract group applies the mechanism of collecting fees directly from users or organizations that consume public products and services, including BOT contract, BTO contract, BOO contract, and O&M contract;
- The contract group applies the mechanism of payment by the State on the quality of public products and services, including BTL contract and BLT contract.
Source: Law on Public – Private Partnership Investment 2020