REGULATORY AND LEGAL REGULATION OF PUBLIC-PRIVATE PARTNERSHIP AS AN TOOL OF INNOVATIVE DEVELOPMENT

Abstract

The article considers the legal support of public-private partnership in
Ukraine. The system of normative-legal acts in the sphere of public-private
partnership is investigated. The composition of the legal framework for publicprivate partnership regulation has been determined, including normative legal acts
and by-laws. The main provisions of the Law of Ukraine "On Public-Private
Partnership" are considered, in particular, the concept of public-private partnership,
private and public partners, the object of public-private partnership, proclaimed the
principles and characteristics of public-private partnership, distributed powers
between entities. the rights and responsibilities of the subjects of public-private
partnership are formulated, the procedures for choosing a private partner are
revealed, the procedure for conducting direct negotiations is determined. The main
obstacles limiting the development of public-private partnership in Ukraine are
considered. Certain shortcomings that hinder the development of public-private
partnership have been identified. Aspects of the formation of the legal framework
that need improvement have been studied. It is proposed to make some changes to
the Law of Ukraine "On Public-Private Partnership".