PUBLIC-PRIVATE PARTNERSHIP AUTHORITY.

LEGAL AUTHORITY

Act No. 29 of June 8, 2009, known as the Public-Private Partnership Act, created the Public-Private Partnership Authority as a Commonwealth of Puerto Rico public corporation and ascribed it to the Government Development Bank.


MISSION

To facilitate economic development and to enrich the quality of life in Puerto Rico by establishing partnerships alliances between the government and private entities with the objective of promoting the improvement and innovation of infrastructure and services in Puerto Rico.


VISION

Establish Puerto Rico as a global competitor, where continuous collaboration exists between the public and private sectors, and where transparency is a fundamental part of the investment process.


ORGANIZATIONAL STRUCTURE

The Puerto Rico Public-Private Partnership Authority (AAPP, spanish acronym) is comprised of professionals from the following areas:

  • Financial Analysts
  • Legal Advisor
  • General Legal Advisor
  • Assistant to the Executive Director
  • Executive Director
  • Project Engineer
  • Administrative Officials
In addition, the Authority has an eight-member Board of Directors comprised of:
  • Government Development Bank Legal Division Director
  • Puerto Rico Public-Private Partnership Authority (AAPP, spanish acronym) Executive Director
  • Two people representing the public interest
  • Government Development Bank President
  • President of the Planning Board
  • Secretary of the Department of the Treasury

GEOGRAPHIC LOCATION

The Puerto Rico Public-Private Partnership Authority (AAPP, spanish acronym) is located on the second floor of Roberto Sanchez-Vilella Minillas Government Center, De Diego Avenue, Stop 22, Santurce, P.R.

PROGRAMMATIC STRUCTURE

POSITIONS FILLED

Authorized and Proposed Positions 2009 2010 2011 2012
Sept./08 Sept./09 Sept./10 Feb./11 Proj.

 

Total amount of positions 0 0 6 6 6

Data comes from the Agency's Certified Headcount Reports. Figures for Fiscal Year 2011-2012 were estimated during the budget formulation process.

PROGRAM

Public-Private Partnership project management

Program Description

Evaluates the feasibility and convenience of establishing public-private partnership projects and holds competitive bidding processes to grant partnerships contracts in accordance with Act No. 29 of June 8, 2009.

Objectives

  • Establish priorities for the development potential projects that could become public-private partnership.
  • Prepares analysis, viability, desirability and convenience studies about the projects with respect to specific public-private partnership projects.
  • Create and approve regulations to guide the prodecures nesessary for the estableshment of public-private partnership projects.
  • Evaluate the terms and conditions of each partnership contract and make recommendations to the Authority Board of Directors and the participating government entity.
  • Promote fast and efficient direct communication and teamwork among the entities and organizations involved in the public-private partnership (APP, spanish acronym) projects.


Customers

Businesses, industries, public, private and secular schools, hospitals, government agencies, municipalities, universities and the general community, among others.

Human Resources

Authorized and Proposed Positions 2009 2010 2011 2012

Managerial,Technical, Administrative, and Office Staff 0 0 3 3
Judges, Lawyers, and Legal Staff 0 0 1 1
Other staff 0 0 1 1
Planning, Budget, Statistics, Auditing, and Finance 0 0 1 1
Total, Positions 0 0 6 6

FISCAL YEAR 2012 ADOPTED BUDGET

The adopted consolidated budget for Fiscal Year 2011-2012 is $13,759,000. The funding comes from Loans and Bond Issuance.

Operational Expenses reflect a reduction of $1,430,000 compared to Fiscal Year 2010-2011, due to the completion of strategic projects such as: XXI Century Schools, the first Public-Private Highways Partnership and the Water and Energy Project.

The funding proposed allows for the continued collaboration between the public and private sectors which is essential for creating sustainable economic development and establishing Puerto Rico as a global competitor in the industries of goods and services.


SUMMARY OF AVAILABLE RESOURCES

Consolidated Budget  (thousands $) 2009 2010 2011 2012

 

Program  
Operational Expenses Actual Actual Budget Adopted
Public-Private Partnership project management 0 20,500 15,189 13,759
Subtotal, Operational Expenses 0 20,500 15,189 13,759
Total, Program 0 20,500 15,189 13,759
 
Funding Sources  
Operational Expenses  
Loans & Bond Issuance 0 0 15,189 13,759
Other Income 0 20,500 0 0
Subtotal, Operational Expenses 0 20,500 15,189 13,759
Total, Funding Sources 0 20,500 15,189 13,759
 
Expense Category  
Operational Expenses  
Payroll and Related Expenses 0 0 504 677
Rent and Utilities 0 0 20 40
Transportation Expenses 0 0 3 7
Professional Services 0 0 14,141 12,486
Other Expenses 0 0 521 547
Non Distributed Allocations 0 20,500 0 0
Office Supplies and other Materials 0 0 0 2
Subtotal, Operational Expenses 0 20,500 15,189 13,759
Total, Expense Category 0 20,500 15,189 13,759