Maranhão approves new PPP law
The State of Maranhão (Brasil) has enacted a new law on public-private partnerships (PPPs) and a new regulation on the Expresion of Interest procedure (EOI).
The Law No. 10,521 / 2016, of October 19, establishes the Public-Private Partnerships Program in Maranhão, and creates a Management Council and a Guarantor Fund. This law repeals the previous state legislation of 2008 and 2009.
The Management Council is composed of 6 members: Governor of the State (President); Secretary of State of Government (Vice); Secretary-Head of the Civil House; Secretary of State for Planning and Budget; Secretary of State for Finance; And Attorney General of the State.
The elaboration of an annual State Plan for Public-Private Partnerships will be one of the Governing Board's responsibilities. It will outline the objectives, define the government actions on PPPs and will justifiably present the Public-Private Partnership projects to be implemented By the state executive branch.
The law also created a Public-Private Partnerships Unit (PPP Unit), linked to the State Secretariat of Government, which will provide technical support to the Management Council.
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