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(psp) in the peruvian drinking - Climate Investment Funds

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EXPECTED BEHAVIOUR OF PRIVATE<br />

OPERATOR PERFORMANCE: PRINCIPLES<br />

1. ECONOMIC<br />

EFFICIENCY<br />

33<br />

The WUC-private operator duty of efficiency, <strong>in</strong>clud<strong>in</strong>g, <strong>in</strong>ter alia, to operate a cost efficient and<br />

competitively priced supplies of all types, consider<strong>in</strong>g <strong>the</strong>ir management of supply alternatives available <strong>in</strong><br />

national and <strong>in</strong>ternational markets. The EPS and <strong>the</strong> private operator specifically identify cases <strong>in</strong> which<br />

contracted with related companies and justify that market prices paid. Its operat<strong>in</strong>g expenses must be<br />

reasonable and shall be entitled to a reasonable return on <strong>the</strong>ir <strong>in</strong>vestment.<br />

2. TRANSPARENCY The WUC-private operator must provide, <strong>in</strong> <strong>the</strong> form and <strong>the</strong> deadl<strong>in</strong>e set, <strong>the</strong> <strong>in</strong>formation requested by <strong>the</strong><br />

Regulator <strong>in</strong> order to facilitate understand<strong>in</strong>g, analysis and comparison with o<strong>the</strong>r sources of <strong>in</strong>formation.<br />

3. DUE<br />

DILLIGENCE<br />

This <strong>in</strong>formation may be requested from <strong>the</strong> private operator directly or through <strong>the</strong> EPS.<br />

The WUC-private operator should exercise care and caution <strong>in</strong> <strong>the</strong> management and operation of <strong>the</strong><br />

service charge as well as <strong>the</strong> collection, process<strong>in</strong>g, evaluation and use of <strong>in</strong>formation that serves as a<br />

basis for decision-mak<strong>in</strong>g. Both are required to manage <strong>the</strong>ir bus<strong>in</strong>ess <strong>in</strong> a prudent and reasonable <strong>in</strong> view<br />

of <strong>the</strong> susta<strong>in</strong>ability of <strong>the</strong> company. To this end, respect <strong>the</strong> rules of art, both technical and f<strong>in</strong>ancial and<br />

adm<strong>in</strong>istrative, which <strong>in</strong>dicate <strong>the</strong> legislation, regulation, <strong>in</strong>structions Regulatory Agency, and <strong>in</strong>ternational<br />

best practices on water and sanitation, and susta<strong>in</strong>ability of operat<strong>in</strong>g companies.<br />

4. GOOD FAITH The WUC-private operator act <strong>in</strong> good faith <strong>in</strong> prepar<strong>in</strong>g <strong>the</strong> proposals, and execution of contracts,<br />

presum<strong>in</strong>g that <strong>the</strong>ir performance is due to its good <strong>in</strong>tentions, unless proven o<strong>the</strong>rwise. Your <strong>in</strong>vestments<br />

should be useful and usable, accord<strong>in</strong>g to <strong>the</strong> pr<strong>in</strong>ciples that public services and <strong>the</strong> public <strong>in</strong>terest.<br />

Respect and comply with Peruvian law.<br />

5. SOCIAL EQUITY SUNASS implement a policy that allows access to sanitation as many people, promot<strong>in</strong>g social <strong>in</strong>clusion.<br />

These pr<strong>in</strong>ciples are guid<strong>in</strong>g SUNASS <strong>in</strong> support<strong>in</strong>g PPP via coach<strong>in</strong>g, match-mak<strong>in</strong>g,<br />

cost-reduction, risk-mitigators, accelerat<strong>in</strong>g-decisions, approach<strong>in</strong>g local authorities,<br />

fund-rais<strong>in</strong>g with anchor <strong>in</strong>vestors, etc. (Board Resolution Nº 035-2009-SUNASS-CD)<br />

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