ON THE ISSUE OF LIFE CYCLE CONTRACTS: RUSSIAN AND FOREIGN EXPERIENCE

UDC 347.214.2
DOI: 10.36871/ek.up.p.r.2022.02.02.012

Authors

Alexander G. Podolsky,
46th Central Research Institute of the Ministry of Defense of Russia, Moscow, Russia
Anastasia S. Krasnikova,
Bauman Moscow State Technical University, Moscow, Russia

Abstract

This article discusses the main aspects of the application of life cycle contracts (LCC) as one of the forms of public-private partnership (PPP) in the implementation of various projects in Russia and abroad. The possibility of increasing the efficiency of the use of financial resources of the state and private business through their rational interaction in various sectors of the economy is shown. The essence and content of the concepts of “public-private partnership” and “life cycle contracts” are comprehensively and fully disclosed on the basis of domestic and foreign experience. The main advantages and disadvantages of FGM are shown, as well as the results of the analysis of the features of their application in the Russian Federation and abroad. The importance and relevance of the application of life cycle contracts as a whole to ensure the competitiveness of domestic products in the domestic and foreign markets is confirmed.

Keywords

business, public-private partnership, life cycle contract, project, financial resource