Public-private partnerships (PPPs) are complex, long-term, projects between public and private sector entities. One of the challenges that countries face in implementing a PPP program is the significant time and expense involved in preparing custom-made project agreements for each individual PPP transaction. This problem is particularly acute for developing countries. In response, a number of countries have experimented, successfully and unsuccessfully, with the use of standardized documents, in an attempt to expedite the process and reduce transaction costs.
This session will explore the advantages and challenges of these efforts at standardization, using a debate format similar to that employed by the BBC in its Intelligence Squared programs, with two speakers in favor of standardization and two opposed. With questions from the moderators and audience (both in person and online), plus votes taken at the beginning and end of the debate, this promises to be a very lively and interesting session.