On 15 May 2013, the government of Philippines is planning to establish a fund to ensure unforeseen state liabilities arising from public-private partnership projects are taken care of.

The proposal was around P30 billion (US$725 million).  The "contingent liability fund" will be included in the unprogrammed fund and be tapped only if needed. The plan is already with the Budget department for consideration.

The fund will work in such a way that if the winning bidder fails to meet its commitments, the government may use the fund to buy the project and take over its operations.

Since the launch of the PPP program in November 2010, a total of three projects worth roughly P28 billion (US$678 million) have already been awarded:

• Daang Hari-SLEx link road concession 
• NAIA Expressway PPP Project 
• PPP for School Infrastructure Project (PSIP)

Source: PPPCenter Philippines