Date of this Version

9-25-2014

Document Type

Conference Paper

Publication Details

Published version

Regan, M., Smith, J., & Love, P. (2014). Assessing risk in infrastructure public private partnerships. Paper presented at the International Conference on Infrastructure development and Investment strategies for Africa (DII). 25-26 September, 2014. Zambia.

© Copyright, DII 2014

2014 HERDC submission

ISBN

9780869707821

Abstract

Public private partnerships are a method for the delivery of social and economic infrastructure services in over 80 countries worldwide. PPPs are a contractual arrangement between public and private entities through which the skills, assets and/or financial resources of both sectors are allocated in such a manner that provides optimal service delivery and good value to society. Central to the operation of public private partnerships is the systematic evaluation of the procurement options available to government, an output specification to encourage private design, risk transfer, construction and operational innovation, the detailed analysis of projects over their operational life-cycle, a rigorous and competitive bid process, and the selection of proposals that deliver value for money.

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This document has been peer reviewed.

 

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