Infrastructure expert Felipe Montoro Jens was recently called into action in Rio de Janeiro. The mayor created a plan to have private companies bid on a project to build daycare facilities and preschools. These facilities need to be completed by 2020 to meet the needs of children. City Hall will make sure the facilities are up to code and that student needs are met. Private companies will build the facilities and maintain them.
Felipe Montoro Jens indicated that if this plan is to be successful costs will need to come in under budget. He stated that the costs of building these facilities will be managed by the private companies and overseen by the government to ensure no budget overruns. He is reviewing the PPP (Public Private Partnership) agreements and making sure everyone’s interests are met.
To ensure these facilities are built smoothly, Felipe Montoro Jens brought on board the consulting firm International Finance Corporation. They will have sole guardianship of the funds throughout every phase of the construction projects. They will also monitor building sites to make sure all project objectives have been met. See more on twitter for more information.
The International Finance Corporation is a trusted private sector development firm. They are also helping on another PPP project in Rio de Janeiro, the Public Lighting Project. The project was designed to improve safety at night for drivers and pedestrians.
Felipe Montoro Jens says that the public sector in Brazil is not self-sufficient. To build infrastructure, they must have private companies bid on and build public works projects. PPPs were allowed in Brazil on December 30th, 2004. Since then, 11,079 PPP projects have been completed. The law covers the bidding process and all rules contractors must follow. Felipe Montoro Jens says this creates a level playing field for private companies, protects taxpayers, and allow projects like these to continue. Website: http://www.felipemontorojens.com.br/