• New Challenges of Contracts Guarantees of Public-Private Partnership
  • July 9, 2013 | Author: Fábio Barbalho Leite
  • Law Firm: Manesco, Ramires, Perez, Azevedo Marques Sociedade de Advogados - São Paulo Office
  • After almost a decade of the introduction of public-private partnerships in Brazil, the structure of guarantees of the obligations assumed by the government continues to be challenging. The consolidation of PPP in some states and municipalities, the prospect of adopting - finally - a structure of project finance and the usual restriction of federal resources tend to require more caution and creativity in structuring the mechanisms of guarantees in PPPs.