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Posted by / 20-Aug-2016 16:21

Union national brazil opportunity liquidating fund

These services can also include the review, improvement or supplementation of subsidies obtained in side or previous jobs.

For the integrated structuring the Public Administration may: (i) obtain structuring integrated studies or studies in relation to particular matters, through the Authorization of Studies Procedure (; or (ii) enter into directly with the Fund a contract of integrated structure.

The following actions are attributions of the Executive Secretary of the PPI: (i) to give extensive and up-to-date disclosure of the projects of the PPI, with data allowing the public and permanent monitoring of each project, until its closure; (ii) to sign adjustment agreements with CADE to receive technical contributions in order to adopt national and international best practices to promote the full and fair competition in the entering of partnerships and the provision of services; and (iii) to sign adjustment agreements or conventions with bodies or entities of the Public Administration of the Union, the States, the Federal District or the Municipalities to the coordinate action or for the exercise of decentralized functions.

The powers, composition and functioning of the Secretariat will be established in an Act of the Executive Branch.

MP 727/2016 created the position of special nature of Executive Secretary of the Secretariat of the PPI and also linked to the Executive Secretariat the Planning and Logistics Company ( - EPL), as support to the Council.

The authorization for the integrated structuring may include the provision by the authorized party to the Public Administration of studies and subsidies until the conclusion of the partnership.

For the purpose of MP 727/2016, partnership agreements are considered the common concession, the sponsored concession, the administrative concession, the concession governed by sectorial legislation, the public service permit, the lease of public good, the granting of right in rem and other public-private business that adopt similar legal structure in function of its strategic character and its complexity, specificity, volume of investments, long-term and involved risks or uncertainties.

The PPI's objectives are the following: (i) to expand investment opportunities and employment and stimulate technological and industrial development in harmony with the goals of the social and economic development of the country; (ii) to ensure the expansion of public infrastructure quality, with appropriate rates and prices; (iii) to promote wide and fair competition in the signing of partnerships and the provision of services; (iv) to ensure stability and legal certainty, with the minimum intervention in the businesses and investments; and (v) to strengthen the regulatory role of the State and the autonomy of the State regulatory bodies.

One of the first measures adopted by the Vice-President Michel Temer, who is now the Head of the Brazilian Executive Branch as a result of the process of impeachment of Dilma Rousseff, was to make it clear to the market that the new Brazilian Government will welcome the participation of the private sector in the public infrastructure projects. 727, of May 12, 2016 ("MP 727/2016"), that creates the Investment Partnerships Program ( PPI) for the expansion and strengthening of the interaction between the State and the private sector through the conclusion of partnership agreements for the implementation of public infrastructure projects and other privatization measures.

MP 727/2016 contemplates the main features of the PPI and also contains the following relevant topics: (a) creation of a Council linked to the Presidency of the Republic ( the Fund); and (d) adoption of measures for the expeditious release of the projects.

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