4.4.3  Disclosure principles

Government decisions on disclosure must weigh up whether the public interest is met in maintaining confidentiality during a tender process or is met by disclosure. Confidentiality is particularly important during the RFP phase where confidential and sensitive commercial information is supplied by shortlisted bidders and the disclosure of cost structures would disadvantage the competitive process.

Governments may release the contract and a summary to the public following financial close that may include the background to the project and a summary of the key contractual terms and conditions.

A post-implementation review is also often undertaken on PPP projects.  Where employed they will be a valuable tool in refining the processes used in developing PPP projects and are generally undertaken jointly by the procuring agency and the relevant PPP authority.

Further detail on disclosure principles is in the Practitioners' Guide.