The Comparative Study Of PPP And Government Procurement Legal System

Public Service PPP has been widely used around the world, covering the areas of highway infrastructure, power plants, sewage treatment. This article will represent the analysis of PPP’s theory and problems that PPP applies in China by way of discussion in PPP’s definition function legal relationship, governmental authority, entrance conditions, project assessment, risk partaking mechanism, financial inspection,re-negotiation and dispute solution mechanism during the course of contract performance, and further explore the legal framework of PPP as a part of Economic law in China, which is expected to set up a legal system by legislation to specify governmental authority and encourage and protect private entity, an innovated finance system in micrography and market entrance system,project assessment system, investment return system and pricing system in micrography, and introduce the PPP related franchise system, specify project return and subsidies system and strengthen public inspection system on PPP and project pricing. Public Service PPP has been widely used around the world, covering the areas of highway infrastructure, power plants, sewage treatment. In order to reduce their financial burden,Many governments improve investment and management efficiency to meet the objectives of the public infrastructure and other aspects of public services to attract domestic and foreign private capital to participate in infrastructure. Considering innovative series of events, PPP has been government’s management of the public service that the PPP embodied in other related regulations, policies and guidance documents. China is on the lower level of the PPP, though to some extent, provide a legal basis and policy support for the development of PPP, but it is far from perfect degree. In the history, considering the policies and guidelines of the UK, USA, Australia, Hong Kong, Taiwan region and other parts of the PPP regulations, I tried to build comparative analyzes of these areas deficiencies in the legal system of the country and then build PPP model to provide a reasonable proposal.