The Public-Private Partnership Unit, created by Act No. 18.786 of 19th July 2011, has the following roles:
a. To approve the technical guidelines applicable to Public-Private Partnership Projects, after the corresponding evaluation by the Planning and Budget Office. To standardize procedures; manuals, models and instruments that contribute to the design and execution of the projects in a more effective and efficient way.
b. To monitor economic and financial aspects of Public-Private Partnership projects and their execution.
c. To verify the fulfillment of budgetary aspects of Public-Private Partnership projects and their execution.
d. To evaluate the fiscal feasibility of Public-Private Partnership projects.
e. To evaluate risks associated with Public-Private Partnership projects.
f. To evaluate the convenience of implementing projects through Public-Private Partnership contracts compared or as traditional public investment projects.
g. To carry out the analysis assigned to the Ministry of Economics and Finance according to Act No. 18.786 of 19th July 2011.
h. To issue opinions on the accounting treatment of contracts.
i. To define the methodology in order to quantify the limits established in Article 62 of Act No. 18.786 of 19th July 2011.
j. To analyze the reports that the Contracting Public Entity will send to the PPP Unit, in accordance to Article 39 of Act No. 18.786 of 19th July 2011.
k. To administer the registration of Public-Private Partnership projects.
l. To administer the registration of external Public-Private Partnership contract auditors.
m. To recommend to the Contracting Public Entity the hiring of consulting services for monitoring.
n. Deal with the local and/or international financial sector with the purpose of facilitating the financial structuring of Public-Private Partnership projects and perform the interinstitutional coordination with the contracting Government entities.
The Contracting Public Entity will be the one responsible for monitoring the fulfillment of the contract. Notwithstanding, the PPP Unit must be informed about compliance status and substantial modifications to the contract on a semi-annual basis. In addition, the PPP Unit will be entitled to recommend to the Contracting Public Administration the hiring of specific external audits that contribute to ensure the adequate monitoring of contracts.