The second updated edition of the book is a response to the needs of all those interested in following the field of public-private partnerships and concessions in Serbia. In addition, it contains useful recommendations that you can apply in practice. With particular reference to the Law on Public-Private Partnership and Concessions in Serbia, this book is a practical introduction to the elements of public-private partnerships. The book gives a review of this Law`s relevant provisions concerning definitions, general principles, the Public-Private Partnership Commission, protection of rights, resolution of disputes and supervision. It also covers: essential elements of public-private partnerships and concessions, the procedure of public contract award, initiation of the procedure for public-private partnership project implementation without elements of concession, initiation of the procedure for public-private partnership project implementation with elements of concession and the contents of the public contract, as well as the recommendations for successful PPPs and concessions. This Manual should be on the desk of students, as well as professionals.