Benchmarking Infrastructure Development 2020: Assessing Regulatory Quality to Prepare, Procure, and Manage PPPs and Traditional Public Investment in Infrastructure Projects

Abstract

Appropriate and effective regulatory frameworks remain crucial for ensuring that investments in infrastructure are done strategically and efficiently. Benchmarking infrastructure development 2020 assesses the regulatory quality for preparation, procurement, and management of large infrastructure projects through both public-private partnerships (PPPs) and traditional public investments (TPIs). The report highlights the key findings resulting from the data and is organized around the infrastructure project cycle phases for both the PPP and the pilot TPI assessment. Both the PPP and TPI assessment cover the core phases of the infrastructure project cycle: preparation, procurement, and contract management. For PPPs, management of unsolicited proposals (USPs) is also assessed. For TPI, the regulatory framework to manage infrastructure assets after construction is also assessed. Disclosure of information for PPPs and procurement practices for innovation for TPIs are also discussed in the report as cross-cutting areas of interest. With reference to a highway transport project as a guiding example to ensure cross-comparability, the report presents the regulatory landscape at the end of June 2018 to develop infrastructure projects.