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Law 8,987/95 fixes the policies for the delegation of the provision of public services at the federal,state and municipal levels, establishing that any corporate entity or consortium of companies may be aconcessionaire of public services, with due observance, however, of the specific regulations of eachsector.It should be noted that, in the event of a tie between Brazilian and foreign companies, and withoutprejudice to the application of the provisions of the Bidding Act, preference will be given to theBrazilian company, which may be of foreign capital.The following criteria will be taken into consideration for the judgment of proposals:a) the lowest rate value of the public service to be rendered;b) the highest offer, in cases involving payment to the granting power for the concession grant;c) the two-by-two combination of the criteria described in items a, b and g;d) the best technical proposal, with its price established in the bid notice;e) the best proposal in relation to the combination of the best rate value of the public service to beprovided and best technique criteria;f) the best proposal in relation to the combination of the best offer for the concession grant and thebest technique criteria; org) the best payment offer for the grant following the qualification of technical proposals.On the subject of PPPs, further details can be found in the following chapter 10 of this study.10. PUBLIC-PRIVATE PARTNERSHIPS IN BRAZIL (PPP)Public-Private Partnerships (PPPs) are designed for undertakings that would not be otherwiseeconomically attractive, i.e., projects that do not have a natural cash flow that directly permits thestructuring of Project Finance, or other form of conventional financial structure.The general invitation to bid and procurement rules for PPPs within the ambit of the direct and indirectpublic administration, of the three spheres of government are established in Law 11,079/04 (the PPP65