Public-private partnership is an effective mechanism for implementing infrastructure projects. PPP is a form of partnering between governmental and businesses to attract private investment to the economy for the implementation of long-term projects in the field of creating and ensuring the functioning of socially significant infrastructure facilities. The main laws governing PPP are the Federal Law No. 115-FZ dated July 21, 2005 "On Concession Agreements" (hereinafter – 115-FZ) and the Federal Law No. 224-FZ dated July 13, 2015 "On Public-Private Partnership, municipal-private partnership in the Russian Federation and amendments to certain legislative acts of the Russian Federation" (hereinafter – 224-FZ). The article reviews such an instrument of financing PPP projects as a direct agreement