Public Procurement and Privatization law covers a broad range of rules and regulations regarding dealing with supply and procurement by governmental agencies and public sector companies (whether by public tender offer or otherwise), as well as the privatization of public sector services, companies, agencies and the like through disposal or contract with a private entity, as for instance is the case of Public Private Partnerships or PPPs.  (A PPP is an agreement which entitles a public procuring authority to grant to a private partner a global mission to design (fully or partly), build, maintain, operate and finance public assets and public services over the long-term against a payment made by the public sector  and  spread through time. The  rationale for introducing the PPP is to optimize the performance of both the public and private sectors in order to implement projects within the best timescale and cost envelope.)