The objects of this Bill are to—

(a) regulate the implementation of public-private partnerships in the Republic;

(b) promote the participation of the private sector in the design, financing, construction, development, operation or maintenance of infrastructure or delivery of services through public-private partnerships;

(c) provide for the procedures for the approval, award and implementation of public-private partnerships projects in accordance with principles of transparency, fairness, stability, proper management, integrity, competition, economy and long term sustainability;

(d) provide for rehabilitation, modernisation, expansion and operation of existing infrastructure facilities and systems and their maintenance;

(e) strengthen the institutional framework for the implementation of public-private partnership projects;

(f) provide for the establishment of the Public-Private Partnership Office;

(g) provide for a transparent project selection process, clear procurement procedures, effective regulatory approvals and expanded contractual models in order to promote private sector investment;

(h) provide for the establishment of the Public-Private Partnership Project Development Support Fund;

(i) repeal and replace the Public-Private Partnership Act, 2009; and

(j) provide for matters connected with, or incidental to, the foregoing.