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Consider the following statements with regard to PPP Policy of GOI.
1. Build-own-operate (BOO) model is normally not supported form of PPP.
2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts and
divestiture of assets as forms of PPP.
3. The final decision on the form of PPP is a determinant of the Value for Money analysis.
Which of the following statements is/are correct?
1. Build-own-operate (BOO) model is normally not supported form of PPP.
2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts and
divestiture of assets as forms of PPP.
3. The final decision on the form of PPP is a determinant of the Value for Money analysis.
Which of the following statements is/are correct?
- a)Only 1
- b)Only 2
- c)Only 3
- d)1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements with regard to PPP Policy of GOI.1. ...
ALL ARE CORRECT STATEMENTS. Build-own-operate (BOO) model is normally not the supported form of Public
Private Partnership in view of the finite resources of the Government and complexities in imposing penalties in
the event of non-performance and estimation of value of underlying assets in the event of early termination.
Government of India does not recognise service contracts, Engineering-Procurement-Construction (EPC)
contracts and divestiture of assets as forms of PPP.
Private Partnership in view of the finite resources of the Government and complexities in imposing penalties in
the event of non-performance and estimation of value of underlying assets in the event of early termination.
Government of India does not recognise service contracts, Engineering-Procurement-Construction (EPC)
contracts and divestiture of assets as forms of PPP.
Most Upvoted Answer
Consider the following statements with regard to PPP Policy of GOI.1. ...
Understanding the PPP Policy of GOI
The Public-Private Partnership (PPP) policy of the Government of India (GOI) outlines various models and frameworks for collaboration between the public and private sectors. Let's analyze the statements provided:
Statement 1: BOO Model
- The Build-Own-Operate (BOO) model is generally not supported as a preferred form of PPP by the GOI.
- While it allows private entities to take ownership and operate projects, it diverges from the traditional risk-sharing and investment models typically encouraged in PPP frameworks.
Statement 2: Recognition of Contracts
- The GOI does not recognize service contracts, Engineering-Procurement-Construction (EPC) contracts, or the divestiture of assets as forms of PPP.
- These contracts do not meet the criteria set for PPPs, which require a significant share of risks and responsibilities to be transferred to the private sector.
Statement 3: Value for Money Analysis
- The final decision on the form of PPP is indeed determined by a Value for Money (VfM) analysis.
- This analysis assesses whether the PPP arrangement provides better value compared to traditional public procurement, considering factors such as cost efficiency, risk allocation, and service delivery.
Conclusion
Based on the above explanations, all three statements are correct. Therefore, the correct answer is option 'D': 1, 2, and 3. Each statement accurately reflects the principles and frameworks guiding the PPP policy in India.
The Public-Private Partnership (PPP) policy of the Government of India (GOI) outlines various models and frameworks for collaboration between the public and private sectors. Let's analyze the statements provided:
Statement 1: BOO Model
- The Build-Own-Operate (BOO) model is generally not supported as a preferred form of PPP by the GOI.
- While it allows private entities to take ownership and operate projects, it diverges from the traditional risk-sharing and investment models typically encouraged in PPP frameworks.
Statement 2: Recognition of Contracts
- The GOI does not recognize service contracts, Engineering-Procurement-Construction (EPC) contracts, or the divestiture of assets as forms of PPP.
- These contracts do not meet the criteria set for PPPs, which require a significant share of risks and responsibilities to be transferred to the private sector.
Statement 3: Value for Money Analysis
- The final decision on the form of PPP is indeed determined by a Value for Money (VfM) analysis.
- This analysis assesses whether the PPP arrangement provides better value compared to traditional public procurement, considering factors such as cost efficiency, risk allocation, and service delivery.
Conclusion
Based on the above explanations, all three statements are correct. Therefore, the correct answer is option 'D': 1, 2, and 3. Each statement accurately reflects the principles and frameworks guiding the PPP policy in India.
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Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
Question Description
Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
Solutions for Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements with regard to PPP Policy of GOI.1. Build-own-operate (BOO) model is normally not supported form of PPP.2. Govt. does not recognise service contracts, Engineering-Procurement-Construction (EPC) contracts anddivestiture of assets as forms of PPP.3. The final decision on the form of PPP is a determinant of the Value for Money analysis.Which of the following statements is/are correct?a)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
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