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THE proposed city code on Public-Private Partnership for the People Initiative for local governments  (LGU P4) approach towards development is now being finalized by the City Council committee on ways and means chaired by Councilor George S. Goking.

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During the meeting last week with the Local Economic and Investment Promotions Office and representatives of the City Planning and other concerned offices, Councilor Goking said there is a need to thoroughly review the P4 code to ensure that there are no errors, once it is submitted for approval.

“This is very important,” Goking said.

It was recalled that the committee created a technical working group (TWG) headed by Assistant City Legal Officer Atty. Reymond Q. Villablanca, with Nimfa-Along Albania of the Oro Trade and Investment Promotions Center, City Budget Officer Atty. Percy G. Salazar, City Engineer Rolando Pacuribot, and Atty. Jose Sabanal to study the matter.

The code provides the procedure for selecting a private sector proponent, adapts a contract and management framework for the purpose.

It was learned that the draft is adopted from the template provided by the DILG in its Memorandum Circular No. 2016-120. It provides the guidelines for the private sector participation in the provision of public infrastructure and social services.

The proposed code aims to provide better, affordable and timely services to the community and ensure that these projects are feasible, affordable and bankable. (CLI)

 

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