Enforcement Rules of Act for Promotion of Private Participation in Infrastructure Projects Article 76

Before the authority in charge gives the private institution priority to enter into a contract in accordance with Paragraph 3, Article 51-1 of the Act, the authority in charge shall conduct a total assets examination according to Article 91 and both parties shall conduct planning and financial analysis for priority to enter into a contract and draft the terms and conditions for continuous performance to complete negotiation and execution of the contract.For cases handled in accordance with Subparagraph 6, Paragraph 1, Article 8 of the Act, it is advisable to carefully evaluate the public welfare and necessity of the priority to enter into a contract.