Reporting of Public-Private-Partnership Spending and Contingent Liabilities, Department of Budget and Management Public-Private Partnership Center Memorandum Circular No. 2018-01 (Philippines)

The Memorandum Circular provided a reportorial framework which includes the yearly projected spending of the implementing agency (IA), and a monthly projected public and private spending of the Public-Private-Partnership (PPP) project for the remaining months of the current year. The reportorial requirements shall be submitted by an IA for newly-signed PPP contracts to the PPP Center. Thereafter, the monthly actual public and private sector spending of the PPP project shall likewise be submitted. IAs are duty-bound to monitor and report the contingent liabilities of its PPP projects. The PPP Center is obligated to regularly update the database of PPP project information to include actual and projected spending on PPP projects and PPP contingent liabilities.