Written by Gianluca Sgueo
© igor / Fotolia
The term ‘public-private partnership’ (PPP) is used to describe a broad and varied spectrum of cooperative relationships between public actors (governments, agencies and international organisations, or a combination thereof) and private actors (companies or not-for-profit entities). There is therefore no standard global definition of precisely what a PPP is.
PPPs have increased in number over the past decade. This has given rise to concerns regarding the exposure of PPPs to the risk of conflicts of interest. Such risks may arise, for example, with the possibility that preference is given to national tenderers or applicants whenever a contract is awarded by the public contracting authorities; or through the possibility that weaker actors may be excluded from participating in a PPP because of the preference given a priori to stronger actors.
The EU attempts to strike a balance by combining broad definitions of conflicts…
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