Quote of the week
There are many advantages to public-private partnerships: various solutions for private financing of public projects, costs reduction for central and local authorities, usage of private know-how and management in public projects, or the increased efficiency in project development.”

We understand the importance of public procurement projects and public private partnerships in the development of both Romanian and foreign companies. In this context, we aim to present those interested in the public procurement procedures in Romania a guide that offers a comprehensive overview of the public procurement legislation. The guide was drafted by the […]

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VASS Lawyers ended the year 2012 with a slight increase, in line with the trend of the past four years. However, cyclical workload was reflected both in the evolution of monthly revenues, and in a greater pressure on fees, deadlines and, hence, on the team of lawyers. Public procurement prevailed within VASS Lawyers portfolio, but […]

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The public-private partnership solution, namely the cooperation in various forms, between public authorities and businesses, in order to ensure the funding, construction, renovation, management, maintenance of an infrastructure or providing a service, is not a novelty. This is a solution embraced by most EU member states for infrastructure development, construction of schools, hospitals and prisons, […]

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VASS Lawyers was invited by the prestigious international publication International Comparative Legal Guide to write and publish in the volume “Public Procurement 2013 – A practical cross-border insight into public procurement” the section on public procurement system in Romania. The volume also includes information on legislation and functioning of public procurement system in countries such […]

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Can you explain in a few words how the PPP mechanism works? Law no. 178/2010, the legislative act establishing the public-private partnership in Romania resulted from the increasingly intense need of such a contractual formula. If the contractual PPP (e.g. concessions agreement) was regulated by G.E.O. no. 34/2006, the institutional PPP, that involves the participation […]

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Dialogue with the Public Procurement Magazine on the current issues in public procurement In the past few years, VASS Lawyers has noted itself through the legal counselling given in the public procurement area. How would you describe the way the system currently works for companies and public Institutions in our country? What should be done, […]

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“The public-private partnership (PPP) is the key to local infrastructure development. However, development of such partnerships suffers due to the lack of clear laws. There should be a legal framework that clearly determines the length and the minimum value of a PPP contract”, says Mihai Mares, partner at Garrigues Romania law firm. He emphasizes that […]

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While in the U.S. and Western Europe the economic recovery plans target upgrading the infrastructure and bringing it into the 21st Century, in Romania we are still struggling to lay down the foundation. Even though not an innovation in the field, the key to anti-crisis programs is:  the public-private partnership. U.S. economic recovery plan, $900 […]

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