The Public-Private Partnership (PPP) Code Implementing Rules and Regulations (IRR) Committee presented the salient features of Republic Act No. 11966, or the PPP Code of the Philippines and the proposed provisions of its IRR to the National Executive Board of the Union of Local Authorities of the Philippines (ULAP), Inc. during its 103rd National Executive Board Meeting on January 18, 2024 at the Makati Diamond Residences in Makati City.
Assistant Secretary Jeffrey I. Manalo, Deputy Executive Director of the PPP Center, discussed reforms introduced in the new law, such as unifying fragmented legal frameworks on PPPs, streamlining the evaluation and approval process of local PPP projects, introducing frameworks and protocols in unsolicited proposals, and strengthening enabling institutions for PPPs.
This event is part of the IRR Committee’s initiative to conduct a series of stakeholder consultations to present the major reforms introduced by the Code, discuss its salient features, and collect inputs and suggestions for consideration in formulating the IRR.
On December 19, 2023, the PPP Center entered into a Memorandum of Agreement with ULAP to provide a framework for cooperation and coordination, with the goal of developing a robust pipeline of PPP projects for ULAP member-local government units (LGUs). The Agreement also included a commitment to continue assisting ULAP constituent members in developing and implementing PPP initiatives.
ULAP is the umbrella organization of all leagues of LGUs and local government officials in the country.
The PPP Code of the Philippines was signed into law on December 5, 2023, and took effect on December 23, 2023. Pursuant to Section 34 thereof, the IRR Committee shall promulgate the IRR within 90 calendar days from effectivity of the Code or by March 23, 2024.