Public Private Partnership

Public Private Partnership Abstract A Public Private Partnership represents an alternative financing option for public infrastructure or service projects involving a private partner. The main goal of a such project is to receive benefits from the public and private sector and to transfer risks to a partner that is equipped with skills in order to manage the individual risk. Provided that certain conditions are fulfilled, this method is an effective option of financing infrastructure projects. However, this alternative way of financing has not been adopted at national level yet. The main goal of the thesis is to evaluate whether the current concept of PPP projects in the Czech Republic is effective, whether it is appropriate and to analyse the main PPP financing methods and procedures. The first part of the thesis explains the concept of PPP and related terms, emphasizes on the basic conceptual features of PPP projects and briefly summarizes the most commonly used models of Public Private Partnerships. At the end of the first part, the author provides a demonstrative list of the most significant differences between PPP projects and conventional public procurement. The second part of the thesis discusses the principles of PPP projects, the current legal framework at the European and national level. It also..