Draft Public Private Partnership (PPP) Standard Contract - Version 2

Page updated 20 Apr 2011

Version 2 of the Draft PPP Standard Contract has been released.

Version 1 of the draft Contract was released for market feedback in October 2010.  We received 25 market submissions and spent the following two months reviewing each submission and making revisions to the draft Contract where we saw consistent market feedback.  Version 2 of the draft Contract reflects the consolidation of that process.

The draft Contract, and the model terms it contains, are a starting point in the development of PPP procurement in New Zealand.  In the medium term, once the model terms have been tested across a few live market transactions, our intention is to move to a set of mandatory model terms (in the nature of the UK's SOPC4), so that procurement processes may be further streamlined.  Until that point in time, the draft Contract will remain in draft status, however will continue to be adopted as the initial contractual basis for all live PPP projects.

Draft PPP Standard Contract - Version 2: dpppsc-v2.pdf (1.9 MB - Large file)