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Infrastructure Today Magazine | Govt to review MCAs for PPP projects

Govt to review MCAs for PPP projects

Policy Update  /  Aug 01, 2014

The Union Government will review model concession agreements (MCAs) for public private partnership (PPP) projects across sectors to assess the possibility of moving from a cost-plus basis to predetermined rates while awarding contracts, so that users dont end up having to pay excessive charges.

Currently, contracts for operational projects in sectors such as power, ports and airports are awarded on a cost-plus basis.

Tags Cloud
  • Union Government
  • Model
  • Concession
  • Agreements
  • PPP
  • Power
  • Ports
  • Mcas
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