Law on public-private partnership was adopted.
The law provides certain amendments and additions which have an impact on the grounds for starting a procedure for awarding a public-private partnership contract and implementing the project, provided that the project’s study of grounds for the project has been approved in advance, that more than half of the revenue to be obtained by the project company from the use of the asset/assets or the operation of the public service forming the object of the project comes from payments made by the public partner or by other public entities for the benefit of the public partner.
Private investor designated as the winner of the award procedure, in the case of contractual public-private partnership, will establish the project company with which the public-private partnership contract is concluded, and in the case of institutional public-private partnership will establish together with the public partner the project company that will become part of the public-private partnership contract.
Through the public-private partnership contract, the public partner will be able to transfer or constitute, in favour of the private partner, the right to collect and use, for the project implementation, charges from the beneficiaries of the asset/assets or public service which is the object of the public-private partnership contract.
In case of cessation for any reason of the public-private partnership contract, the rights of the public partner in favour of the private partner will cease, and the assets created or acquired by the private partner will have to be free of any encumbrances, in good condition and exploitable.
