This section provides a summary of the data analysis related to defaults and termination. The full data analysis is available in Appendix A (Data Analysis).
Early termination is not a common occurrence for PPPs. In the research, there were 13 examples of projects which were terminated for various reasons. There was only a single example where the Project Company terminated the PPP contract alone (the Alupar Small Hydro Plant project in Brazil). On two occasions both parties claim to have terminated the PPP contract: in the Manta Port project in Ecuador; and in the ABG Kandla Terminal project in India. In both cases the Procuring Authority argued that the Project Company had failed to invest in the works in which it was required to invest.
Where the Procuring Authority terminated the PPP contract, it was generally before the project was operational and after deciding that the project was not worth continuing. In the Prato-Signa Link project in Italy and the Vengalem Kuttipuram Highway project in India, termination occurred before construction had commenced (very early in the project) after delays to the start of construction. In the case of the Aqaba Port project in Jordan it was decided to expand existing facilities rather than build a new facility. For the Sao Paulo Metro Line project in Brazil the contract was terminated due to a failure by the Project Company to deliver construction on time and a new contract with another Project Company was signed soon after. The Active Perovo Solar Plant project in Crimea, Ukraine, was terminated after the area was annexed by Russia.