PPP Code and IRR
What is the legal framework for PPPs to be implemented by Government Corporate Entities (GCE)?
A. Republic Act No. 11699
B. Republic Act No. 7718
C. Republic Act No. 11966
D. Special Charter
C. Republic Act No. 11966
The following persons can attend the PBAC meetings for local PPP projects except:
A. COA
B. A regulatory body representative as invited by the LGU
C. An SEC-registered association representative in the same sector of the project
D. The private proponent
D. The private proponent
TRUE OR FALSE. Private proponents shall submit their unsolicited proposals DIRECTLY to the PPP Center for completeness check and determination of the appropriate approving body.
TRUE
TRUE OR FALSE. For Joint Ventures, total government undertakings shall not exceed 30% of the project cost.
FALSE
Which statement is WRONG?
A. A PPP is a contractual arrangement between an Implementing Agency and a Private Partner.
B. PPPs involve the financing, design, construction, operation, and maintenance of infrastructure or development projects and services which are typically provided by the private sector.
C. In PPPs, each party shares in the associated risks.
D. In PPPs, the investment recovery of the Private Partner is linked to performance.
B. PPPs involve the financing, design, construction, operation, and maintenance of infrastructure or development projects and services which are typically provided by the PRIVATE sector.
The following services may be funded by the Project Development and Monitoring Facility (PDMF) except:
A. Independent consultants
B. Third-party appraisers
C. Utilization of dispute resolution boards
D. None of the above
D. None of the above
Under the PPP Code and its IRR, the following are grounds for revocation of Original Proponent Status (OPS) by the IA, except:
A. It is found that the facts disclosed are incomplete, incorrect, misleading, fraudulent, untrue, inaccurate, or different from what was presented
B. There is a non-compliance or violation of the Code and the IRR
C. There is a change in the composition of the Original Proponent that will not affect its legal, technical, and/or financial capability to successfully carry out the PPP Project, or there is a change in control that will affect its majority ownership and/or beneficial ownership.
D. None of the above.
C. There is a change in the composition of the Original Proponent that will not affect its legal, technical, and/or financial capability to successfully carry out the PPP Project, or there is a change in control that will affect its majority ownership and/or beneficial ownership.
TRUE OR FALSE. VGF can only be applied in solicited PPP projects.
What is the date of effectivity of the IRR of the PPP Code?
A. December 22, 2023
B. April 6, 2024
C. December 23, 2023
D. March 22, 2024
B. April 6, 2024
The following are members of the PPP Governing Board except:
A. Secretary of Environment and Natural Resources
B. Secretary of Justice
C. Private sector representative from the infrastructure sector, as appointed by the President
D. None of the above
C. Private Sector representative from the infrastructure sector, as appointed by the PRESIDENT
How many days are allotted for the detailed evaluation of unsolicited proposals by Implementing Agencies?
A. 30 working days
B. 10 calendar days
C. 30 calendar days
D. 90 calendar days
D. 90 calendar days
Review and approval of local PPP projects by the appropriate approving body, including additional clearance, shall take, at most, _______ days.
A. 210 calendar days
B. 180 working days
C. 150 calendar days
D. 150 working days
A. 210 calendar days