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Transparency is the key point for the public-private partnerships and public procurement

Transparency is the key point for the public-private partnerships, and public procurement, categorically stated the President of the Bulgarian Chamber of Commerce and Industry.  „Without transparency in the procedures no project should be accepted, so as to avoid suspicions on  underhand agreements and corruptive practices, he said in regard to the round table, organized by the American Chamber of Commerce in Bulgaria on topical issues of public-private partnerships and the public procurement. 
 
As main faults in the realization of the public-private partnerships in Bulgaria Tsvetan Simeonov pointed the chronic inability of public authorities to prepare attractive projects, through which to involve investors, and the lack of trust and confidence of the companies, that they may be able to win such projects.  He stressed that public-private partnerships are based on mutually beneficial cooperation and shared the opinion that legislation in our country is far more complicated, and there is a lack of interest in the state and local authorities. The experience of other countries shows that public-private partnership (PPP) is cheaper compared to the projects implemented by the state and local authorities. In the USA, for example, it is between 5% and 40% cheaper.
 
The BCCI is closely following how PPPs advance in our country, and on this basis it has expressed consent for a change in legislation, also noted Tsvetan Simeonov. As regards the public procurement he stated that progress has been made and referred it to the adoption of the BCCI’s proposals. As particularly positive he highlighted the facilitation of the administrative procedures, the use of electronic means of communication, the increase of the opportunities for the SMEs as subcontractors, the reduction of the financing costs for public procurement participation, and the inclusion of external experts of relevant sectors into the preparation and execution of the procedures.
There still remain, however, unresolved issues. More information: HERE
 
Representatives of business and the public institutions of Bulgaria and the USA attended the debates. Especially interesting was the presentation on the international practices of public-private partnerships, given by Richard Norment, who was Executive Director of the National Council for PPP in the United States until 2013.
 
Richard Norment’s Presentation: HERE
 
Ana Mitkova’s Presentation: HERE
 
Boyan Ivanov’s Presentation: HERE
 

29.05.2014

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