JIHAD : Jurnal Ilmu Hukum dan Administrasi
Balance of PPP Agreements for the Provision of Public Infrastructure in the Event of Force Majeure
The limited fiscal capacity of the government to finance infrastructure development has encouraged the implementation of Public-Private Partnership (PPP) schemes as an alternative mechanism for providing public infrastructure. One of the fundamental characteristics of PPP agreements is risk allocation, which aims to assign risks to the party best able to manage and mitigate them. Legal issues arise when a force majeure event occurs, as such events are beyond the control of both the government and private entities a …