Public-Private Partnership (PPP)
At Oracle Solicitors Albania, we understand the complexities of Public-Private Partnerships (PPPs) in the evolving Albanian landscape. Our experienced PPP lawyers leverage their in-depth knowledge of Law No. 125/2013 “On Concessions and Public-Private Partnership” (amended by Law No. 50, dated 07/18/2019) to provide comprehensive legal solutions for both public and private entities seeking to collaborate on infrastructure and service projects. We help you structure efficient partnerships, manage risks, and achieve successful project delivery.
What is a Public-Private Partnership (PPP)?
A PPP is a contractual agreement between a government entity (public partner) and a private sector entity (private partner) for the delivery and/or financing of infrastructure or services. This collaboration leverages the expertise and resources of both partners to achieve mutually beneficial outcomes, including:
- Improved infrastructure and service delivery: PPPs can offer innovative solutions for infrastructure development and service provision, often exceeding what either partner could achieve alone.
- Enhanced efficiency and cost-effectiveness: PPPs can potentially lower project costs through private sector efficiencies and access to financing.
- Risk sharing and transfer: PPPs allow for the sharing and transfer of risks associated with the project between public and private partners, based on their expertise and risk tolerance.
Specific Requirements for PPPs in Albania:
Law No. 125/2013, as amended, outlines specific requirements for PPPs in Albania. These include:
- Project selection: Projects suitable for PPPs are identified based on specific criteria, such as the project’s complexity, financial requirements, and potential public benefits.
- Feasibility studies: Comprehensive feasibility studies are conducted to assess the project’s viability, financial feasibility, and potential risks.
- Transparency and competition: A transparent and competitive tender process must be followed to select a private partner.
- Contractual frameworks: PPP agreements must be drafted in accordance with legal requirements and clearly define the roles, responsibilities, risk allocation, and dispute resolution mechanisms for all parties involved.
Our Precise PPP Services:
Oracle Solicitors Albania offers a comprehensive suite of legal services to support you throughout the PPP lifecycle, including:
- PPP Structuring: We assist in structuring well-defined PPP agreements that:
- Ensure equitable risk allocation.
- Establish optimal financing models.
- Define transparent operational frameworks.
- Expert Contract Negotiation: We provide strategic guidance and representation during contract negotiations, ensuring:
- Your interests are effectively advocated for.
- Contract terms are clear, concise, and legally sound.
- Responsibilities and obligations are clearly defined.
- Comprehensive Risk Mitigation: We help you identify and mitigate potential legal and regulatory risks associated with your PPP project, including:
- Compliance risks.
- Financial risks.
- Operational risks.
- Dispute Resolution: In the event of disputes, we represent you effectively in alternative dispute resolution methods or court proceedings.
Your Trusted Partner for Successful PPPs:
By partnering with Oracle Solicitors Albania, you gain access to a reliable team of legal professionals dedicated to your success in PPPs. We offer personalized attention, clear communication, and cost-effective solutions, empowering you to navigate the complexities of this process with confidence and clarity.
Contact Us Today:
Contact us today by calling +355 69 693 7763 or visiting our contact page to schedule a consultation and discuss your specific PPP needs. Let us help you unlock the potential of successful PPP collaborations and achieve your infrastructure and service project goals.
Our services
PPP Structuring: Our lawyers assist in structuring PPP projects, ensuring equitable risk allocation, optimal financing models, and transparent operational frameworks.
Contract Negotiation: We provide legal support during contract negotiations, ensuring that terms are favorable, and responsibilities are clearly defined for both public and private partners.
Risk Mitigation: We help identify and mitigate legal and regulatory risks associated with PPP projects, safeguarding the interests of all parties involved.
FAQs
A PPP is a collaboration between a government entity and a private sector organisation for jointly delivering public services or infrastructure projects. It involves sharing risks, responsibilities, and rewards.
Our expertise ensures that PPP projects are well-structured, compliant with regulations, and that contracts provide clarity on roles, responsibilities, and risk-sharing mechanisms.
PPPs are suitable for a range of projects, including transportation infrastructure, utilities, healthcare facilities, and public amenities. They enable governments to tap into private sector expertise and resources.
- Twin Towers, "Dëshmorët e Kombit" Boulevard, Tower 1, Floor 13, 1001, Tirana, Albania
Book a callback
Complete the form, and one of our experts will contact you.
