Public Private Partnership (PPP) Audit

Public Private Partnership is a partnership between a public sector entity and a private sector entity

Broad Definition of PPP is

Essential Features of PPP is

• A unique and innovative method that involves the private sector in the nation building activity
• Aims to accelerate the delivery of public goods and services of high quality through joint enterprises without spreading the limited available resources too thin

The PPP Audit methodology is as mentioned below :

The methodology for PPP audit to suit the requirements of the individual projects under scrutiny.

• Detailed scrutiny of project documents
• Verifying the legal and contractual obligations
• Review of financial modeling to test the feasibility and justificationsfor the grant of concessions, testingrevenue generation using quantitative techniques.
• Assessment of the transparency and integrity of the bidding process