E. GOOD GOVERNANCE The promotion of good governance based on certain generally accepted core
principles is a major responsibility of the government. These core principles include:
accountability, transparency, fairness, efficiency, participation, and decency. Given
these core principles, the implementing agency may consider the following matters
to ensure good governance in the PPPs:
• A fair and transparent rule-based administrative process by which projects
are developed and procured;
• Fair incentives to all stakeholders and fair return to all partners taking into
account their level of involvement and assumption of risks;
• A widely representative participatory decision-making process that takes
into account concerns of all concerned stakeholders including those who
may be adversely affected;
• An acceptable dispute resolution mechanism that assures continuation of
services and prevents the failure of project;
• An arrangement for project delivery that ensures efficient utilization of
human, financial, natural and other resources without sacrificing the needs
of the future generations;
• An arrangement that improves and ensures public security and safety, and
environmental safety; and
• An arrangement for the improvement of essential public services without
harming or causing grievance to people and for which public officials
remain responsible to society.
Further elaborations on issues in PPP governance can be found in a
publication prepared by the Economic Commission for Europe
9
.
9
.
The ECE publication entitled “Guidebook on Promoting Good Governance in Public-Private Partnerships”, is
available at .
20 A Guidebook on Public-Private Partnership in Infrastructure