콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Industry and Technology General

Print

Government support and value for money test for PPP projects in Korea

Related Document
Frame of Image (VFM) Test
1994
BTO
4
Role of Major Players (1)
q National PPP Project Review Committee (PRC)
l
l
l
Chaired by the Minister of Strategy and Finance, it convenes whenever needed to make important decisions on PPP policies and major projects. It consists of members from procuring ministries and private sector experts. When deemed necessary, PRC is able to postpone or block part of the expenditures for large PPP projects.
Ø Large PPP project : total project cost with 200 billion KRW or above (BTO) and with 100 billion KRW or above (BTL)
q MOSF
l l l
Managing the PPP Act, the Enforcement Decree, and the Basic Plan for PPP Preparing the draft budget for PPPs Budgeting, preparing and implementing PPP investment Plans
5
Role of Major Players (2)
q Competent Authority
l l l l
Identification of proposed project Designation as PPP project Evaluation and selection of preferred bidder Negotiation and contract award
q PIMAC (PPP Unit in Korea)
l l
l l
Supporting MOSF in the formulation of the Basic Plan for PPP Providing technical support to MOSF/Competent Authority to review proposed PPP project (Feasibility study, VFM test, preparation of RFP, etc.) Providing policy research and strategy for PPPs Providing consultation service and other related activities in capacity building program
6
Simplified Project Implementation Structure
National Assembly Shareholders Insurers M OSF National PPP Review Committee
Project Approval
Setting Budgetary Limit on BTL
Insurance Agreements Concession Agre


Full Text
Title Government support and value for money test for PPP projects in Korea
Similar Titles
Material Type Proceedings
Author(English)

Lee, Jongyearn

Publisher

[Sejong]:Korea Development Institute

Date 2015-03
Event

G-20 Global Leadership Program

Pages 46
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding KDI; KDI School