Processes for preparation, approving and managing PPPs
Supporting upstream PPP project preparation:
Early-stage involvement
Support tailored to individual projects
High-level strategic advice (‘advising not doing’, ‘working with not for’)
Membersedit
Membership in EPEC is strictly limited to public authorities whose role includes policy responsibility and the promotion of PPP projects or programmes at national or regional level.
To date, EPEC has 41 Members, including the EIB and the European Commission. All other Members are national or regional authorities that are responsible for PPP policy or programmes in their jurisdictions. Membership is restricted to public authorities in European Union member states, Candidate Countries and certain other countries in Europe
Statements on PPP risksedit
In spite of its overall goal, EPEC also states that "an excessive focus on off government balance sheet recording can be at the expense of sound project preparation and value for money and may push public authorities to use PPPs where not appropriate". In addition, it admits that PPPs can create an "affordability illusion" which "tends to be exacerbated when a project is found to be off balance sheet. The fiscal liabilities that arise from PPPs can have a detrimental effect on the relevant country’s fiscal sustainability and so they should be managed properly".[2][3]
Referencesedit
^. www.eib.org. Archived from the original on 22 January 2011. Retrieved 7 April 2017.
^Mathieu Vervynckt and María José Romero (2017). "Public-Private Partnerships:Defusing the ticking time bomb" (PDF). eurodad.
^"EUROSTAT treatment / Debt and deficit treatment of PPPs according to Eurostat". European Investment Bank. 2015. Retrieved 2019-10-17.
External linksedit
Official website
March 30, 2024
european, expertise, centre, epec, part, advisory, services, european, investment, bank, initiative, that, also, involves, european, commission, member, states, candidate, states, certain, other, states, epec, helps, strengthen, capacity, public, sector, membe. The European PPP Expertise Centre EPEC is part of the Advisory Services of the European Investment Bank EIB It is an initiative that also involves the European Commission member states of the EU candidate states and certain other states EPEC helps strengthen the capacity of its public sector members to enter into public private partnership PPP transactions Contents 1 Key areas of activity 2 Members 3 Statements on PPP risks 4 References 5 External linksKey areas of activity editEPEC carries out three main types of activity 1 Sharing good PPP practice through network activities Providing market intelligence Addressing practical issues in implementing PPPs Developing PPP guidance and toolsAssisting PPP policy development PPP legal and regulatory frameworks PPP institutional arrangements Processes for preparation approving and managing PPPsSupporting upstream PPP project preparation Early stage involvement Support tailored to individual projects High level strategic advice advising not doing working with not for Members editMembership in EPEC is strictly limited to public authorities whose role includes policy responsibility and the promotion of PPP projects or programmes at national or regional level To date EPEC has 41 Members including the EIB and the European Commission All other Members are national or regional authorities that are responsible for PPP policy or programmes in their jurisdictions Membership is restricted to public authorities in European Union member states Candidate Countries and certain other countries in EuropeStatements on PPP risks editIn spite of its overall goal EPEC also states that an excessive focus on off government balance sheet recording can be at the expense of sound project preparation and value for money and may push public authorities to use PPPs where not appropriate In addition it admits that PPPs can create an affordability illusion which tends to be exacerbated when a project is found to be off balance sheet The fiscal liabilities that arise from PPPs can have a detrimental effect on the relevant country s fiscal sustainability and so they should be managed properly 2 3 References edit EPEC webpage activities www eib org Archived from the original on 22 January 2011 Retrieved 7 April 2017 Mathieu Vervynckt and Maria Jose Romero 2017 Public Private Partnerships Defusing the ticking time bomb PDF eurodad EUROSTAT treatment Debt and deficit treatment of PPPs according to Eurostat European Investment Bank 2015 Retrieved 2019 10 17 External links editOfficial website Retrieved from https en wikipedia org w index php title European PPP Expertise Centre amp oldid 991486027, wikipedia, wiki, book, books, library,
