THE INVESTMENT MODEL OF THE CONSTRUCTION OF PUBLIC OBJECTS

• Main Author: Reperger Šandor
• Format: Article
• Language: English
• Published: Montenegrin Sports Academy and Faculty for Sport and Physical Education 2009-11-01
• Series: Sport Mont
• Subjects: investment model; construction; public and private sector; sport
• Online Access: http://www.sportmont.ucg.ac.me/clanci/SportMont_Nov_2009_Sandor_450-454.pdf
• ISSN: 1451-7485; 2337-0351

One of the possible models of the construction and use of sports objects, especi- ally indoor facilities (sports centres, halls, swimming pools, shooting alleys and others) is the cooperation of the public and private sector, by the investment model of PPP (Pu- blic-Private Partnership). PPP (Public-Private Partnership) construction is the new form of securing civil works, already known in the developed countries, in which the job of planning, construc- tion, functioning and financing is done by the private sector – in the scope of a precisely elaborated cooperation with the state. The state engages the private sector for the administering of the civil works. By public adverstisements and contests they will find the investors who accept the administe- ring of certain public works by themselves or with the help of project partners with their own resources (with 60-85% of bank loans), secure the conditions for conducting certain services (by using the objects, halls, etc) until the expiration of the agreed deadline. The essence of PPP construction is the fact that an investor from the private sec- tor, chosen through a contest, realizes the project using its own means. The object beco- mes the property of the investor and it secures the regular functioning of the object with exclusive rights. The income from the functioning belongs to the investor, in return the costs of the functioning of the object, the upkeep, as well as the costs of the personnel and public utilities are the responsibility of the investor. The public use of the object is realised by the means that the authorised ministry and the partner from the contest in an agreement of the realization and functioning of the object accurately define the time of maintenance and the duration of the services on the behalf of social interest. From the time specified in the agreement the investor doesn’t charge precisely defined users for general and specific services. As Sebia, with all its political and economic activities, approaches and harmoni- zes its enactments with the legal regulation of the EU, it is essential to behold the possi- bilities of different investment models which will satisfy social needs, as well as the needs of the citizens in sports