WWG Guidelines for Privately Financed Projects
The WWG Guidelines for Privately Financed Projects (updated in December 2006) are available to view or download in Acrobat PDF format (490 kb).
What are these Guidelines about?
The WWG Guidelines are about a means of establishing a partnership between the public and private sectors. The aim is to deliver improved services and better value for money, primarily through appropriate risk transfer, encouraging innovation, greater asset utilisation and integrated whole-of-life management.
What do the Guidelines cover?
The Guidelines specifically cover Privately Financed Projects (PFPs), which are part of the broader spectrum of Public Private Partnerships (PPPs).
What distinguishes a PFP?
PFPs, as a specific form of PPP, involve the creation of an asset through private sector financing and ownership control for a concession period. The Government is willing to contribute through land, capital works, risk sharing, revenue diversion or purchase of the agreed services.
PFPs cover economic and social infrastructure and typically include both a capital component and an ongoing service delivery component.
Who are the Guidelines for?
- these Guidelines are applicable to all NSW Government agencies, including public trading enterprises and State owned corporations
- councils are encouraged to follow best practice by adopting similar requirements but local government is not bound by these guidelines
- private sector parties involved in PFPs with the NSW Government.
What’s in it for you?
For Government agencies, contracting the delivery of infrastructure and non-core services to the private sector creates opportunities to deliver improved public services more cost effectively. Agencies can focus their own efforts on the delivery of their core services, and use the savings generated to improve or expand other services.
For a hard copy of the Guidelines for Privately Financed Projects, please contact Working with Government by email, telephone or facsimile. Alternatively, copies may be collected from the Information Centre, Department of Planning, 23-33 Bridge Street Sydney, ph 1300 305 695, fax (02) 9228 6555, or e-mail: information@planning.nsw.gov.au
Working with Government Contact Details
Telephone: (+61 2) 9228 3430
Facsimile: (+61 2) 9228 5748
Email: mailto:wwg@treasury.nsw.gov.au