ARTICLE · 01 DECEMBER 2009

Public Private Partnership Law Finally Passed

Raidla Lejins & Norcous

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On 18 June 2009, the Saeima passed the Public Private Partnership Law. The Law entered in force on 10 July 2009.

LatviaGovernment, Public Sector

Dace Silava-Tomsone

On 18 June 2009, the Saeima passed the Public Private Partnership Law. The Law entered in force on 10 July 2009. The Public Private Partnership Law will apply to various projects carried out jointly by one or more public entities and one or more private partners in respect of satisfaction of public needs for the services or construction works. The law will apply to long term projects with the duration of not less than 30 years, and will regulate such issues as the legal forms of the public private partnership, the procedures concerning the commencement of public private partnership procedure, awards of the contracts, various issues concerning the form and substance of the contracts, the rights and obligations of the partners.

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