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Better Infrastructure Procurement For Public Private Partnerships: An Australian Perspective, Michael Regan, Jim Smith, Peter Love
Better Infrastructure Procurement For Public Private Partnerships: An Australian Perspective, Michael Regan, Jim Smith, Peter Love
Michael Regan
Public private partnerships (PPP) 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 lifecycle, a …