| dc.contributor.author | Econ Team | |
| dc.contributor.author | Legal Team | |
| dc.date.accessioned | 2023-11-15T16:03:20Z | |
| dc.date.available | 2023-11-15T16:03:20Z | |
| dc.date.issued | 2023-07-04 | |
| dc.identifier.uri | https://archive.veriteresearch.org/handle/456/6149 | |
| dc.description | 12p. - The Economics and Legal Research Teams of Verité Research compiled the study. The team comprised Mathisha Arangala and Arani Heiyanthuduwa. Overall research support was provided by Subhashini Abeysinghe.
This briefing note was posted on the Public Finance blog and Twitter page and is in English. | en_US |
| dc.description.abstract | In 2010, Sri Lanka established a unique framework, overseen by the Standing Cabinet Appointed Review Committee (SCARC), to handle unsolicited proposals (USPs) for public infrastructure funding. These USPs inherently bypass traditional competitive bidding in procurement. The report, 'Foregoing Competition to Secure Funding for Public Infrastructure: One Third of Funding Secured was Non-Concessional', scrutinizes this framework. It reveals a significant discrepancy between the framework's intended purpose of improving USP evaluation and the actual outcomes, with a substantial portion of the funding secured through SCARC being non-concessional in nature. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Colombo: Verité Research | en_US |
| dc.subject | Infrastructure projects | en_US |
| dc.subject | Concessional loans | en_US |
| dc.subject | Foreign loans | en_US |
| dc.subject | Public infrastructure | en_US |
| dc.subject | Competitive bidding | en_US |
| dc.subject | Chinese lending institutions | en_US |
| dc.title | Foregoing Competition to Secure Funding for Public Infrastructure: One third of funding secured was non-concessional | en_US |
| dc.type | Other | en_US |
| dc.project.code | CIPE07PFP | en_US |
