US law firm Hogan Lovells has been selected by the Private Investment Promotion Agency of Peru (ProInversión) to develop a contractual guide and standard contract for public-private partnership (PPP) projects.
The firm was selected through an international public tender process. Bids for the advisory services contract were also received from Allen & Overy, Clifford Chance, Squire Patton Boggs and White & Case.
The contractual guide and standard contract will draw on the best legal practices of successful PPP projects across the world that are applicable to the Peruvian market and serve as reference points for ProInversión, public authorities and consultants when drafting PPP contracts.
The development of a contractual guide and standard contract for PPP projects is recommended by the World Bank. It reduces the time taken to prepare and finalise PPP contracts, and thus reduce costs.
Country updates
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January 03, 2019
US$360 million broadband PPP projects awarded in Peru
The Private Investment Promotion Agency (ProInversión) of Peru has announced that it has awarded six public-private partnership (PPP) projects that will see broadband networks installed in the...
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January 03, 2019
Red Eléctrica acquires transmission concession in Peru for US$205 million
Red Eléctrica Internacional has announced that it has reached an agreement with Bow Power to acquire 100% of CCNCM, the owner of a concession contract for the 220 kilovolts (kV) Carhuaquero-Caj...
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December 12, 2018
Fluence Corp to design, build and operate desalination plant in Peru
Fluence Corporation Limited has announced that it has secured the rights to design, build and operate a seawater desalination plant in central Peru, including a 10-year Water Purchase Agreement (...
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December 11, 2018
Five consortia prequalified for Lake Titicaca wastewater treatment project
Five consortia have been prequalified for the project concession of the Lake Titicaca wastewater treatment system project in Peru. The pre-qualified bidders are: Aguas de Puno Consortium (Sp...
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October 25, 2018
Peru's transport ministry announces plans to tender rail project
The Minister of Transport and Communications of Peru has announced that preparations are underway for the tender of the Lima-Ica railway project. The authority will take proposal presentations fo...
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