Public Private Partnerships (PPPs) are one of the options the government uses to procure infrastructure.
PPPs offer opportunities to improve services and achieve better value for money in the development of service based infrastructure.
Principal features of a PPP
While every PPP has its unique characteristics, the principle features of a PPP include:
- Provision of service-enabling infrastructure that includes private sector skills to deliver a combination of design, construction, financing, maintenance, operations and delivery of services
- Risk sharing between public and private sectors
- Contribution by Government through land, capital works, risk sharing or other supporting mechanisms and
- Payments from Government or users to the private sector on the basis of service delivery.
NSW Treasury’s Infrastructure and Structured Finance Unit (ISFU) provides expert advice to agencies throughout the procurement process. For more information contact ISFU.