2. In this Act, unless the context otherwise requires— “affordability” means— (a) the financial commitments to be incurred by a contracting authority in terms of public-private partnership agreement that are sustainable and do not impose an unreasonable burden on the contracting authority and may be met by funds— (i) (ii) designated within the existing budget of the contracting authority for its function to which the public-private partnership agreement relates; and assigned to the contracting authority in accordance with its relevant future budgetary allocation; and (b) meeting the cost of delivering a facility or service in relation to the project by the contracting authority which does not impose an unreasonable financial burden on the end users; “asset” means an existing asset and includes movable and immovable property of a contracting authority or a new asset to be acquired for the purposes of entering into a public-private partnership agreement and the intellectual property rights vested in the contracting authority; “associate” has the meaning assigned to the words in the Anti-Corruption Act, 2012; “bid” means a tender, an offer, a proposal or price quotation, given in response to an invitation to participate in a project; “bidder” means a person that participates in pre-selection or evaluation proceedings relating to a project; “bidding documents” means a solicitation document or other document for solicitation of bids, on the basis of which a bidder shall prepare its bids; “bidding consortium” means two or more bidders who collectively submit a bid for project, and “bidding consortia” shall be construed accordingly; “Chairperson” means the person appointed as Chairperson of the Council under section 7; Act No. 3 of 2012 Public-Private Partnership [No. 18 of 2023 301 “chairperson” means the person appointed as chairperson of the Technical Committee under section 9; “citizen” has the meaning assigned to the word in the Constitution; Cap. 1 “concessionaire” means a person from the private sector who is awarded and undertakes a project under a public-private partnership agreement; “constitutional officer holder” has the meaning assigned to the words in the Constitution; Cap. 1 “contingent liability” means a fiscal obligation dependent on a specific but uncertain event that may or may not materialise in the future on which the materialisation of this obligation creates a fiscal cost for the Government; “contracting authority” means a public body and entity owned by a public body that has the power to enter into a public-private partnership agreement and intends to have any of its functions performed by a concessionaire for the implementation of a project; “controlling officer” has the meaning assigned to the words in the Public Finance Management Act, 2018; “Council” means the Public-Private Partnership Council Act No. 1 of 2018 established under section 7; “councillor” has the meaning assigned to the word in the Constitution; Cap. 1 “economic feasibility” means the assessment of cost or benefit analysis of a project that assists a contracting authority to determine the viability, cost, and benefits associated with a project; “Emoluments Commission” means Emoluments Commission established under the Constitution; “Engineering Institution of Zambia” means the Engineering Institution of Zambia established under the Engineering Institution of Zambia Act; 2010; “evaluation committee” means an evaluation committee established under section 22; “feasibility study” means a study undertaken to determine the technical, financial, legal, social and environmental viability of undertaking a project; Cap. 1 Act No. 17 of 2010 302 No. 18 of 2023] Public-Private Partnership “financial close” means a circumstance where the project financing agreements are signed, conditions precedent required are met and the concessionaire can start drawing down finances to commence work on a project; “Fund” means the Public-Private Partnership Project Development Support Fund established under section 82; “generic risks” means circumstances that have the potential to adversely affect the development of, or interests of the parties to a project in the period of development construction or operation; “handback” means the date at the end of the period of the public-private partnership agreement where the assets or infrastructure which make up the project transfer to a contracting authority; “infrastructure project” means the design, construction, development and operation of a new infrastructure or the rehabilitation, modernisation, expansion or operation of an existing infrastructure; “legally disqualified” means the absence of legal capacity as provided under section 4 of the Mental Health Act, 2019; “local authority” has the meaning assigned to the words in the Local Government Act, 2019; “local content” means the extent of utilisation of local materials, products or personnel in the production of goods and services in the Republic; “material default” means a failure by a party to a public private partnership agreement to honour its obligations which negatively affects the delivery of infrastructure and provision of services to the public, and remains unsatisfied after a reasonable period of time and after a party has received written notice of the failure; “National Development Plan” has the meaning assigned to the words in the National Planning and Budgeting Act, 2020; “office holder” means an employee of the Public-Private Partnership Office or contracting authority; Act No. 6 of 2019 Act No. 2 of 2019 Act No. 1 of 2020 Public-Private Partnership [No. 18 of 2023 303 “person with disability” has the meaning assigned to the words in the Persons with Disabilities Act, 2012; “preferred bidder” means a successful bidder selected during the competitive selection process including a bidding consortium; Act No. 6 of 2012 “project” means the— (a) design, construction, development or operation and maintenance of a new infrastructure, asset or facility under a public-private partnership agreement; (b) (c) provision of services under a public-private partnership agreement; or the rehabilitation, modernisation, expansion, operation or management of an existing infrastructure, asset or facility under a public- private partnership agreement; “project agreement” means a contract concluded between a concessionaire and third party; “public authority” means a public officer, state officer, councillor, constitutional office holder, judge and judicial officer; “public body” has the meaning assigned to the words in the Public Finance Management Act, 2018; “public-private partnership” means a mechanism for private sector participation in the performance of a public function through a project on behalf of a contracting authority; “public-private partnership agreement” means a contractual arrangement between a contracting authority and a concessionaire, made in accordance with this Act, in which the concessionaire— (a) (b) (c) undertakes to perform in an infrastructure project or infrastructure facility or asset as specified in the Second Schedule or as prescribed and agrees to handback the infrastructure project or infrastructure facility or asset at the end of the public-private partnership agreement; undertakes to provide public services as may be required; assumes substantial financial, technical and operational risks in connection with the performance of the infrastructure project or use Act No. 1 of 2018 304 No. 18of 2023] Public-Private Partnership of State assets; and (d) receives consideration for performing a public function or utilising State property, either by way of— (i) a fee from any revenue fund or a Ministry’s budgetary funds; (ii) user levies collected by the concessionaire from users or customers for a service provided by the concessionaire; or (iii) a combination of the consideration paid under subparagraphs (i) and (ii); “Public-Private Partnership Office” means the Public- Private Partnership Office established under section 4; “public officer” has the meaning assigned to the words in Cap. 1 the Constitution; Act No. 3 of 2012 Act No. 14 of 2009 “regulatory agency” means a statutory corporation that is entrusted with the power to issue and enforce the laws governing infrastructure development or the provision of services; “relative” has the meaning assigned to the words in the Anti-Corruption Act, 2012; “repealed Act” means the Public-Private Partnership Act, 2009; “solicited proposal” means a proposal relating to the implementation of a project that is initiated by a contracting authority or public body; “special purpose vehicle” means a project company incorporated in the Republic by a preferred bidder for the purpose of undertaking a project in accordance with a project agreement executed by the parties; “State officer” has the meaning assigned to the words in Cap. 1 the Constitution; “Technical Committee” means the Public-Private Partnership Technical Committee constituted under section 9; “transaction advisor” means a person who has the appropriate skills and experience to assist and advise Publi-Private Partnership [No. 18 of 2023 305 a contracting authority or the Public-Private Partnership Office on matters related to a public- private partnership; “unsolicited proposal” means a proposal relating to a project that is initiated by the bidder; “user fee” means the right or authority granted to a concessionaire by a contracting authority to recover investment and a fair return on investment, and includes tolls, fees, tariffs, charges or other benefit; “value for money” means the value attached to the undertaking of a public function of a contracting authority by a concessionaire under a public-private partnership which results in a net benefit accruing to that contracting authority defined in terms of cost, price, quality, quantity, timeliness or risk transfer; “Vice-Chairperson” means the person elected as Vice- Chairperson of the Council under section 7; “vice-chairperson” means the person elected as vice- chairperson of the Technical Committee under section 9; “Zambia Environmental Management Agency” means the Zambia Environmental Management Agency established under the Environmental Management Agency Act, 2011; “Zambia Institute of Chartered Accountants” means the Zambia Institute of Chartered Accountants established under the Accountants Act, 2008; and “Zambia Public Procurement Authority” means the Zambia Public Procurement Authority established under the Public Procurement Act, 2020.