Section 25Sec./Art. 25

PPP Governing Board. - The PPP Governing Board, created under Executive Order No. 136, series of 2013, as amended by Executive Order No. 30, series of 2023, is hereby institutionalized. It shall be the overall policy-making body for all PPP-related matters, including the PDMF. It shall be responsible for setting the strategic direction of the PPP Program and PPP Projects and in creating an enabling policy and institutional environment for PPP.

The PPP Governing Board shall be composed of the following:

(a) Secretary of the NEDA as Chairperson;

(b) Secretary of the DOF as Vice-Chairperson;

(c) Secretary of the DBM;

(d) Secretary of the Department of Justice;

(e) Secretary of the Department of Trade and Industry;

(f) Secretary of the Department of the Interior and Local Government;

(g) Secretary of the Department of Environment and Natural Resources;

(h) Chairperson of the CHED;

(i) Executive Secretary;

(j) Executive Director of the PPP Center; and

(k) One (1) private sector representatives from the infrastructure sector to be appointed by the PPP Governing Board.

The members of the PPP Governing Board may designate their respective alternates, who shall in no case be lower than an Assistant Secretary, and whose acts shall be considered the acts of their principals.

The presence of the Chairperson and five (5) other members of the PPP Governing Board shall constitute a quorum and a majority vote of the members present shall be necessary for the adoption of any issuance, order, resolution, decision or other act of the PPP Governing Board in the exercise of its functions. The PPP Governing Board shall act as a collegial body.

All issuances, orders, resolutions, decisions, or other acts of the PPP Governing Board shall be binding, unless otherwise stated by the PPP Governing Board.