Acceleration of inflation is a theme of today’s reality, along with funds and money supply injections not backed by actual economic growth. Its effects are pervasive.

As expected, it also impacts PPP projects already approved under specific budgets, with pre-selected parties competing for phase B of the tender processes. The public sector partner cannot update the locked-in allocation of unitary charges or availability payments without sacrificing the procurement rules. If budgets are updated during the procurement, challenges to the procedure may be raised, as more interested parties may have expressed preliminary interest had they been aware of a higher budget.