Digital Commons Network^™

A New Framework For Evaluating Public-Private Partnerships, Junxiao Liu, Peter Love, Jim Smith, Michael Regan

Michael Regan

Since the global financial crisis limited funds have been available for major infrastructure projects. Many governments and other agencies have had great difficulty in promoting and financing infrastructure development using public private partnerships (PPPs). Therefore, it is essential that supporting agencies and financiers conduct effective pre-design and pre-construction analysis and evaluation of the proposed projects. Traditional approaches have tended to focus on the meeting budget and project duration targets, but these single dimension evaluations may not take account of the more complex legal, organisational and financial interfaces created by multiple stakeholder interactions. More effective approaches, mechanisms and frameworks are essential …