WWG Policy for Privately Financed Projects
The NSW Government is strongly committed to the delivery of infrastructure and services to the people of NSW. Requirements arising from population growth, higher public expectations, and replacement of ageing infrastructure demand that the Government explore all avenues that may deliver better services and greater value for money.
Privately financed Projects (PFPs) offer opportunities to bring together the ideas, experience and skills of the public and private sectors to develop innovative solutions to meet the community’s needs, expectations, and aspirations.
Private financing of economic infrastructure is not new to NSW. Guidelines have been in existence since 1989 and infrastructure projects totalling over $8 billion are currently being or have been implemented since November 2001. Updated Guidelines were issued in December 2006, and further updates will issue from time to time as required.
In recent years the Government has expanded the opportunities for private sector involvement in the delivery of social infrastructure and related services, particularly schools and hospitals. In such projects a distinction is made between core and non-core services. Government will continue to deliver core services such as teaching and clinical services.
For more details see the Working with Government Guidelines for Privately Financed Projects which is available in Acrobat PDF format.