Note X -Public-Private and Public-Public Partnerships (Operator)

Note X - PPP (Operator)

A template for this note is not available. See "Instructions to preparer" for disclosures that may be required.

Instructions to preparer:

A government should disclose the following about its Public-Private and Public-Public Partnerships (PPP) contracts (which may be grouped for purposes of disclosure):

1. A general description of PPP contracts, such as the PPP term, status of projects during the construction period, the amount of the monthly (quarterly/annual) payments, cancellation clauses, etc.

2. The total amount paid for PPPs in the current reporting period and future payments for each of the five subsequent years and in five-year increments thereafter.

Example:

The total amount paid for PPPs in 20XX was $XX. As of December 31, 20XX, the future payments are as follows: