Four-Stage Treasury Approval Process

Modules 1-4 (out of nine modules) of the PPP Manual systematically guide public and private parties through the phases of PPP project preparation for national and provincial governments. Each module of the PPP Manual is issued as a National Treasury PPP Practice Note, as per the 1999 Public Finance Management Act. The PPP Manual should be read together with the South African National Treasury s Standardised Public-Private Partnership Provisions. The manual draws on South African project experience to date and on best international practice and sets rigorous risk-assessment standards by which the government will make affordable project choices that best leverage private investment for quality public services.