PPP

This article analyses the practically significant amendments to the FIDIC Second Edition 2017 standard conditions with the 2022 amendments package as applied to public-private partnership (PPP) and public procurement contracts. Three key innovations are examined: the distinction between a Claim and a matter, the tightened definition of Dispute, and the reinstatement of the exceptionality criterion in the concept of Exceptional Event.

In the context of active infrastructure modernization, public-private partnership (PPP) is viewed in Uzbekistan as one of the key instruments for attracting private capital and reducing the burden on the state budget. However, the development of PPPs is accompanied by a range of institutional and legal challenges, caused by a mismatch between the rapid expansion of the project portfolio and the current state of the organizational, regulatory, and managerial framework.