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Journal Article
Jul, 2024

Public-Private Partnership Agreement in the Context of the Matrix for Assessing their Legal Parameters and Digitalization

Molintas D.T.

DOI: 10.21202/jdtl.2024.22EDN: lvpigr

Abstract

Objective: by reviewing the legal aspects of public-private partnership agreements, to synthesize their main provisions into a common matrix, which, when digitized, can be used to standardize and simplify the formulation of agreement parameters.

Methods: the author relied on comparative-legal analysis of scientific literature, legislation and Internet sources on public-private partnership, supplemented by a review of public-private partnership agreements in various socio-political spheres, which made it possible to create a science-based and practice-oriented matrix that can serve as a tool for drafting publicprivate partnership agreements.

Results: national aspects in the legal regulation of the said relations in different countries were highlighted; a number of peculiarities encountered in public-private partnership agreements were described.

Scientific novelty: taking into account the most important legal peculiarities characteristic of different countries, a matrix for drafting public-private partnership agreements is presented, including eight main parameters: 1 – value received, scope, benefits and risks, 2 – route to market, 3 – restraint of competition, 4 – conflict of interest and procurement issues, 5 – powers, approvals, legal assessment, 6 – liabilities, dispute resolution, 7 – ownership structure, governance and level of autonomy, 8 – exit strategies. Depending on the priorities identified, the matrix can be modified, taking into account that priorities define and shape the specific parameters of each individual partnership.

Practical significance: the matrix obtained can become a planning tool used to analyze and understand the relationships between the eight legal parameters necessary for the formation of relations in the sphere of publicprivate partnership. It may serve as a legal reference point for the formulation of public-private partnership agreements around the world, and will contribute not only to the revitalization of public-private partnerships, but also to a proper understanding of obligations, responsibilities and limitations. The recommendations provided in the study show direction for the evaluation of public-private partnerships, allowing clear conclusions to be drawn about the partnership. Digital accessibility provided, the proposed matrix will be of interest to many organizations that use public-private partnerships in their professional activities.

Full text: https://www.lawjournal.digital/jour/article/view/432
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    Date of publication: 30 Jul, 2024Number of views: 308
    Full text: www.lawjournal.digital
    To quote:

    Molintas D.T. Public-Private Partnership Agreement in the Context of the Matrix for Assessing their Legal Parameters and Digitalization. Journal of Digital Technologies and Law. 2024;2(2):430-449. https://doi.org/10.21202/jdtl.2024.22. EDN: lvpigr

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