LEGAL SECURITY AND RISK SHARING IN PUBLIC-PRIVATE PARTNERSHIPS
Article Sidebar
Main Article Content
Abstract
This study analyzes the importance of the legal dimension in Public-Private Partnerships (PPPs), emphasizing its impact on attracting investments and project effectiveness. Using a qualitative approach, a theoretical review was conducted through a bibliographic study. The selected literature was analyzed using content analysis, with manual coding of thematic categories such as legal security, legislative alignment and impacts on project efficiency. Legal security attracts companies to PPPs, as risk sharing and compliance with current legislation are critical factors for the success of projects. Robust and well-formulated legislation is the backbone of Public-Private Partnerships. It provides the necessary structure for risk sharing, ensures transparency and legal compliance, and guarantees financial compensation mechanisms that protect the interests of both sectors. The results show that early actions can increase project efficiency, quality and confidence, reducing risk uncertainty. The study expands the research by showing that paying attention to legal elements reduces problems in relationships between public and private partners. It is essential to align objectives and share risks from the beginning of the project. A security and efficiency framework is provided by current legislation, such as PPP Law 11,079/2004. Future legislation, such as Bill 7,063/2017, should increase the use of PPPs and reduce transaction costs.
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
Copyright (c). Conjuncture Bulletin (BOCA)
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
AZEVEDO, K. W. S.; PEREIRA, N. M. (orgs.). Debates Jurídicos no Brasil Contemporâneo. Boa Vista: Editora IOLE, 2022.
BLOOMFIELD, P. “The challenging business of long-term public-private partnerships: reflections on local experience”. Public Administration Review, vol. 66, n. 3, 2006.
BRASIL. Lei n. 11.079, de 30 de dezembro de 2004. Brasília: Planalto, 2004. Disponível em: . Acesso em: 23/03/2024.
BRASIL. Lei nº 13.529, de 04 de dezembro de 2017. Brasília: Planalto, 2017. Disponível em: . Acesso em: 23/03/2024.
BRASIL. Projeto de Lei 7063/17. Brasília: Câmara dos Deputados, 2017. Disponível em: . Acesso em: 23/03/2024.
CAMPOS, D. C. B.; DAMASCENO, A. “Parcerias público-privada (PPP): trajetória histórica no brasil e sua inserção na política educacional brasileira”. Perspectiva, vol. 38, n. 1, 2020.
DI PIETRO, M. S. Z. Parcerias na administração pública. Rio de Janeiro: Editora Forense, 2017.
DIAS, O. C. Parcerias público-privadas como instrumento de implementação de políticas públicas (Tese de Doutorado em Administração). Brasília: UnB, 2014.
DUDKIN, G.; VÄLILÄ, T. “Transaction costs in public-private partnerships: a first look at the evidence”. Competition and Regulation in Network Industries, vol. 1, n. 2, 2006.
GRIMSEY, D.; LEWIS, M. K. “Evaluating the risks of public private partnerships for infrastructure projects”. International Journal of Project Management, vol. 20, n. 2, 2002.
GROUT, P. A. “The economics of the private finance initiative”. Oxford Review of Economic Policy, vol. 13 n. 4, 1997.
KHALLAF, R. et al. “Public–Private Partnerships for Higher Education Institutions in the United States”. Buildings, vol. 12, n. 11, 2022.
KOPPENJAN, J. F. M. “The formation of public-private partnerships: Lessons from nine transport infrastructure projects in the Netherlands”. Public Administration, vol. 83, n. 1, 2005.
KOPPENJAN, J. F. M.; ENSERINK, B. “Public-private partnerships in urban infrastructures: reconciling private sector participation and sustainability”. Public Administration Review, vol. 69, n. 2, 2009.
KVANINA, V.; KOVALENKO, E.; VYPKHANOVA, G. “Improving the Legislation on Public-Private Partnerships in Environmental Protection in the BRICS Countries”. Brics Law Journal, vol. 10, n. 3, 2023.
MÂNICA, F. B.; BRUSTOLIN, R. “Gestão de presídios por parcerias público-privadas: uma análise das atividades passíveis de delegação”. Revista Brasileira de Políticas Públicas, vol. 7, n. 1, 2017.
NEGRYCH, M. et al. “Analysis of the Advancement of Public-Private Partnership in Ukraine”. Economics. Ecology. Socium, vol. 8, n. 1, 30, 2024.
OECD - Organization For Economic Co-Operation and Development. Fostering investment in infrastructure: lessons learned from OECD Investment Policy Reviews. Paris: OECD Publishing, 2015. Available in: . Access in: 12/02/2024.
SANTOS.; L. A.; NASCIMENTO, F. L. “Turismo cultural em Roraima: Tuarî-Yamarî (o caminho dos escravos) no baixo Rio Maú”. Boletim de Conjuntura (BOCA), vol. 10, n. 28, 2022.
SILVA, L. T. R.; SILVA, M. A. “Parceria público-privada como instrumento de concretização do direito à saúde”. Revista Digital de Direito Administrativo, vol. 6, n. 1, 2019.
SILVEIRA, J. J. A.; REIS, M. V. “As garantias nos contratos de PPP prestadas pelo parceiro público”. In: SADDY, A.; MORAES, S. Tratado de parcerias público-privadas: teoria e prática - estabelecendo a estrutura das PPPs. Rio de Janeiro: Centro de Estudos Empírico-Jurídicos, 2019.
SOUSA DE OLIVEIRA; G. et al. “Uma análise da gestão dos processos e da implementação das parcerias público-privadas no campus Pinheiral do Instituto Federal do Rio DE Janeiro”. Boletim de Conjuntura (BOCA), vol. 9, n. 26, 2022.
SUNDFIELD, C. A. “Guia jurídico das parcerias público-privadas”. In: SUNDFIELD, C. A. (org.). Parcerias público-privadas. São Paulo: Editora Malheiros, 2011.
VERWEIJ, S.; MEERKERK, I. “Do public–private partnerships achieve better time and cost performance than regular contracts?” Public Money and Management, vol. 41, n. 4, 2021.
WORLD BANK. Public-private partnerships: reference guide. Washington: World Bank, 2017.
XIONG, W. et al. “Political opportunism and transaction costs in contractual choice of public-private partnerships”. Public Administration, vol. 100, n. 4, 2022.
YANG, Y.; HOU, Y.; WANG, Y. “On the development of public–private partnerships in transitional economies: an explanatory framework”. Public Administration Review, vol. 73, n. 2, 2013.
YESCOMBE, E. R. Public–private partnerships: principles of policy and finance. Amsterdam: Elsevier, 2007.