Law No. LP179/2008 “On public-private partnership”. Country/Territory Moldova, Republic of Document type Legislation Date 2008 (2023) Source FAO, FAOLEX Subject General Keyword Framework law Public private partnership (PPP) Contract/agreement Risk assessment/management Geographical area CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, Landlocked Developing Nations Entry into force notes This Law enters into force after its official publication. Abstract This Law establishes the basic principles of public-private partnership, forms, methods and procedures for its implementation, rights and obligations of public and private partners. Public-private partnership is a long-term agreement concluded between public and private partners for the purpose of implementing a public project, performing work or providing a public service, based on the ability of each partner to appropriately manage resources, risks and income. Relations in the field of public-private partnership are based on the principles of: (a) equality of approach, impartiality and non-discrimination; (b) integrity; (c) transparency; (d) proportionality; (e) balance; (f) competition; (f) freedom of contract; and (g) cooperation. Maximum duration of a public-private partnership contract cannot exceed 50 years, unless special law envisages other. The public-private partnership is terminated: (a) upon expiration of the contract concluded between public and private partners; (b) based on an agreement between public and private partners; and (c) in other cases provided for by law or agreement. Full text Russian/Romanian Website www.legis.md