World Bank's PPP team, within the group’s Infrastructure Vice Presidency, is working with other development partners on the updated edition of the Guidance on PPP Contractual Provisions, which is expected to be released during summer 2019.

The goal of the guidance is to assist contracting authorities, particularly those in emerging PPP markets, with obtaining a better and more comprehensive understanding of a number of essential provisions in a PPP agreement, such as force majeure, termination payments and dispute resolution.

This new version will include:

• an update of the existing eleven chapters in accordance with stakeholder feedback received on the 2017 edition, including the consideration of themes such as climate change and environmental/social issues in the context of PPP agreements;
• three additional chapters, including both sample drafting and commentary highlighting differences in legal systems and considerations relevant due to different levels of PPP transactional experience. The new chapters will cover the topics of contracting authority step-in rights, termination events, handback of assets at the end of the PPP agreement.

World bank is accepting feedbacks till 30th April 2019. PPP consultants interested in collaborating can submit comments and feedback till deadline.