Well-designed public-private partnerships (PPPs) can help governments improve the delivery of basic infrastructure services to their citizens. By allocating risks between public and private entities, introducing new technology and improving operational efficiencies, PPPs can help governments to maximize the effectiveness of scarce public funding. The World Bank Group defines a PPP as a formal contractual relationship:
“A long-term contractual arrangement between a public entity or authority and a private entity for providing a public asset or service in which the private party bears significant risk and management responsibility.”
To identify innovative solutions and best practices for developing and implementing PPPs in developing countries, PPIAF and the World Bank Group’s PPP team invite individuals and teams (up to 3 people) to participate in the PPPs Short Stories Competition. Participants are invited to submit case studies, essays and video submissions that highlight innovative ideas for increasing private sector participation in infrastructure in developing countries. For the purposes of this competition, developing countries are defined in accordance with the OECD’s Development Assistance Committee’s list of development aid recipients. The list is available at this link.
Subject areas of particular interest include the following (but submissions are certainly not limited to):
- The challenges and solutions of PPPs in fragile countries and conflict-affected situations
- The linkages between private sector infrastructure and service delivery and poverty alleviation
- The value for money case (particularly ex-post analyses) for PPPs versus traditional procurement and leverage of public resources achieved
- The challenges and solutions for PPPs granted by sub-national entities and municipalities
- Innovative private sector financing solutions for infrastructure PPPs
- Best-practice institutional arrangements for governments to effectively oversee and manage PPPs (including legal and regulatory frameworks)
- Experiences and approaches to effective post-deal contract management
- Use of capital markets in supporting PPP solutions
- Innovative contractual arrangements in PPPs and hybrid PPP structures
- Successful PPP projects deriving from unsolicited proposals
Entries will be judged by a selection panel made up of global PPP experts.