In the recent past, the city of Rio de Janeiro in the management of Marcelo Crivella established key objectives to propel and govern its development. This included creating 20,000 modern kindergartens and 40,000 modern pre-schools. Thus, it targeted the application of Public-Private Partnership (PPP) in the construction, non-didactic and maintenance of academic utilities. PPP is a collective obligation between private and governmental sectors to execute stated responsibilities. Furthermore, through Public-Private Partnership, the government can obtain and appropriate the scarce resources. As, PPP can be an optional arrangement by the government to serve the public via limited resources.
The illustrations by Infrastructure Project Specialist, Felipe Montoro Jens, indicated that PPP is in the feasibility studies phase. Furthermore, Felipe stated that the Rio’s governmental contracting process was enacted by Law 11,079 on 30th December 2004. This provides the rules and guidelines for Public-Private Partnership bidding and contracting. The city of Rio’s Public-Private Partnership model simulates the early Public-Private Partnership adopted by the Brazilian academic institutions and inaugurated in Belo Horizonte, on July 2012. Therefore, individuals who engaged in Marcelo Crivella’s government program are familiar with the model.
The Infrastructure Project Specialist further stated that Marcelo Crivella was dedicated to the academic sector from childhood. Furthermore, the model adopted by the Ministry of Education for Brazil requires monetary transmission from the lunch. It also assigns the private sectors the duty to maintain and construct new Infant Education Units (IEU) while the City Hall handles lunch and pedagogical portions.
Recently, the International Finance Corporation (IFC), a member of the World Bank Group, contracted a company providing the consulting services for the project models for R$2.3 million. IFC is the world’s largest non-governmental-partner advancement institution. Therefore, it is famous for using its innovative thinking, expertise, global experience, and financial resources to support its partners. It also provides consultative services to appraise the feasibility and efficacy of the CPP adopted by the city of Rio. Furthermore, IFC supports financial operational, political challenges among its partners.