Puerto Rico has released the Proposed Regulations for the Procurement, Evaluation, Selection, Negotiation, and Award of Public-Private Partnership Contracts under Act No. 29-2009, as amended. 

The PPP Law aims to facilitate the mechanics of PPPs in the country and expand opportunities for the private sector.

The law sets the mechanisms by which projects can be developed through public-private partnership. It also establishes the relative duration of ongoing contractual relations that allows the private partner to recover the investment and make a reasonable profit.

The law also establishes mechanisms for financing projects, either through private funds, or by bringing private and public funds together and distributing the risks based on the capacity of each part.