Public-private partnerships in the Republic of Serbia: let the game begin
Republic of Serbia (RoS) got its first proper public-private partnerships (PPP) law in 2011. The Law on Public-Private Partnership and Concessions (“Official Gazette of the Republic of Serbia” no. 88/2011; the PPP Law) reshaped the legal framework for PPPs in RoS in its entirety, introducing the concept of PPP for the first time in Serbian legal system, and regulating it by a single piece of legislation together with concessions, which were earlier regulated by a separate law. Further, Law on Public Utilities (“Official Gazette of the Republic of Serbia” no. 88/2011) rounds up the statutory framework for PPPs by replacing the old public utilities law, which has been used as a basis for realization of all PPP projects on a local level before 2011. In addition to these two laws, Decision on Establishment of Commission for Public-Private Partnership (“Official Gazette of the Republic of Serbia”, nos. 13/2012 and 108/2012) rounds up the current general legal framework for PPPs. In future, it is expected that the Commission for Public-Private Partnership (Commission) will adopt the bylaw on value-for-money methodology, which is currently undergoing a public discussion, as well as the bylaws on the supervision and registration of awarded PPP contracts, and that it will prepare template PPP contracts and direct financing agreements…
Click on the link below to read the rest of the Karanovic & Nikolic briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Karanovic & Nikolic
News from The Lawyer
Briefings from Karanovic & Nikolic
An employer could be released from the obligation to pay mandatory social contributions for the hired replacement of an employee on a maternity leave, if certain conditions are met.
A more relaxed administrative procedure.
Analysis from The Lawyer
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe
Croatia is about to enter the EU, but the path to integration may not be smooth for the Balkan states