Consider the following statements with regard to PPP Policy of GOI 1 Build own operat...........

Economic Affairs Investment Models

Consider the following statements with regard to PPP Policy of GOI.

1. Build-own-operate (BOO) model is normally not supported form of PPP.

2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts and divestiture of assets as forms of PPP.

Which of the following statements is/are correct?

Only 1

Both

Only 2

None

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Explanation:

statement 1 is correct and Build-own-operate (BOO) model is normally not supported form of PPP. statement 2 are incorrect and For a summary of each type of arrangement and sample agreements, under PPP are:
•   Utility Restructuring, Corporatization and Decentralization
•   Civil Works and Service Contracts
•   Management and Operating Agreements
•   Leases / Affermage
•   Concessions, Build-Operate-Transfer (BOT), Design-Build-Operate (DBO)
•   Joint Ventures and Partial Divestiture of Public Assets Full Divestiture
•   Full Divestiture
•   Contract Plans and Performance Contracts