Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services
A growing number of governments are using Public-Private Partnerships (PPPs) to deliver infrastructure. A PPP is a long-term contract between a private party and a government agency, for providing a public asset or service, in which the private par...
| Main Authors: | , |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/05/18822037/value-money-analysis-practices-challenges-governments-choose-use-ppp-deliver-public-infrastructure-services-value-money-analysis-practices-challenges-governments-choose-use-ppp-deliver-public-infrastructure-services http://hdl.handle.net/10986/17622 |
| id |
okr-10986-17622 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-176222021-04-23T14:03:39Z Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services World Bank Institute Public-Private Infrastructure Advisory Facility AREA ATTRACTIVENESS CAPITAL COSTS CENTER COST DIFFERENTIALS DEBT DOCUMENTS DRIVING FISCAL RESPONSIBILITY INFRASTRUCTURE FINANCE INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSURANCE INTERNATIONAL TRANSPORT LEGAL FRAMEWORK LEVEL PLAYING FIELD LICENSES MODELING O&M PPP PRESENT VALUE PRIVATE SECTOR PUBLIC PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC PERCEPTION PUBLIC PROCUREMENT PUBLIC ROADS PUBLIC SECTOR REVENUE SOURCES RISK MANAGEMENT ROAD ROAD DEVELOPMENT ROAD PROJECTS ROUTE SAVINGS SUBSIDIARY TAX TOLL TOLL ROADS TOLLS TRAFFIC TRANSACTION COSTS TRANSPARENCY TRANSPORT TRANSPORT SECTOR TRANSPORTATION TREASURY TYPES OF ROAD USER CHARGES A growing number of governments are using Public-Private Partnerships (PPPs) to deliver infrastructure. A PPP is a long-term contract between a private party and a government agency, for providing a public asset or service, in which the private party bears significant risk and management responsibility. Such partnerships can help make the best use of the resources of both the public and private sectors, including finance, experience, expertise, and focus on delivery, to expand and improve public infrastructure assets and services. This report presents some of the key issues in assessing Value-for-Money (VFM) that arose during the roundtable discussion, based on the experience of the participants. The content of this report is as follows: a) section two provides an overview of VFM analysis; b) section three discusses how VFM analysis is used in the PPP decision making process; c) section four describes some methodological challenges with VFM analysis; and d) section five concludes, and summarizes the key lessons from the roundtable. 2014-04-07T17:07:33Z 2014-04-07T17:07:33Z 2013 http://documents.worldbank.org/curated/en/2013/05/18822037/value-money-analysis-practices-challenges-governments-choose-use-ppp-deliver-public-infrastructure-services-value-money-analysis-practices-challenges-governments-choose-use-ppp-deliver-public-infrastructure-services http://hdl.handle.net/10986/17622 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AREA ATTRACTIVENESS CAPITAL COSTS CENTER COST DIFFERENTIALS DEBT DOCUMENTS DRIVING FISCAL RESPONSIBILITY INFRASTRUCTURE FINANCE INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSURANCE INTERNATIONAL TRANSPORT LEGAL FRAMEWORK LEVEL PLAYING FIELD LICENSES MODELING O&M PPP PRESENT VALUE PRIVATE SECTOR PUBLIC PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC PERCEPTION PUBLIC PROCUREMENT PUBLIC ROADS PUBLIC SECTOR REVENUE SOURCES RISK MANAGEMENT ROAD ROAD DEVELOPMENT ROAD PROJECTS ROUTE SAVINGS SUBSIDIARY TAX TOLL TOLL ROADS TOLLS TRAFFIC TRANSACTION COSTS TRANSPARENCY TRANSPORT TRANSPORT SECTOR TRANSPORTATION TREASURY TYPES OF ROAD USER CHARGES |
| spellingShingle |
AREA ATTRACTIVENESS CAPITAL COSTS CENTER COST DIFFERENTIALS DEBT DOCUMENTS DRIVING FISCAL RESPONSIBILITY INFRASTRUCTURE FINANCE INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSURANCE INTERNATIONAL TRANSPORT LEGAL FRAMEWORK LEVEL PLAYING FIELD LICENSES MODELING O&M PPP PRESENT VALUE PRIVATE SECTOR PUBLIC PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC PERCEPTION PUBLIC PROCUREMENT PUBLIC ROADS PUBLIC SECTOR REVENUE SOURCES RISK MANAGEMENT ROAD ROAD DEVELOPMENT ROAD PROJECTS ROUTE SAVINGS SUBSIDIARY TAX TOLL TOLL ROADS TOLLS TRAFFIC TRANSACTION COSTS TRANSPARENCY TRANSPORT TRANSPORT SECTOR TRANSPORTATION TREASURY TYPES OF ROAD USER CHARGES World Bank Institute Public-Private Infrastructure Advisory Facility Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services |
| description |
A growing number of governments are
using Public-Private Partnerships (PPPs) to deliver
infrastructure. A PPP is a long-term contract between a
private party and a government agency, for providing a
public asset or service, in which the private party bears
significant risk and management responsibility. Such
partnerships can help make the best use of the resources of
both the public and private sectors, including finance,
experience, expertise, and focus on delivery, to expand and
improve public infrastructure assets and services. This
report presents some of the key issues in assessing
Value-for-Money (VFM) that arose during the roundtable
discussion, based on the experience of the participants. The
content of this report is as follows: a) section two
provides an overview of VFM analysis; b) section three
discusses how VFM analysis is used in the PPP decision
making process; c) section four describes some
methodological challenges with VFM analysis; and d) section
five concludes, and summarizes the key lessons from the roundtable. |
| format |
Publications & Research :: Working Paper |
| author |
World Bank Institute Public-Private Infrastructure Advisory Facility |
| author_facet |
World Bank Institute Public-Private Infrastructure Advisory Facility |
| author_sort |
World Bank Institute |
| title |
Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services |
| title_short |
Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services |
| title_full |
Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services |
| title_fullStr |
Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services |
| title_full_unstemmed |
Value-for-Money Analysis--Practices and Challenges : How Governments Choose When to Use PPP to Deliver Public Infrastructure and Services |
| title_sort |
value-for-money analysis--practices and challenges : how governments choose when to use ppp to deliver public infrastructure and services |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/05/18822037/value-money-analysis-practices-challenges-governments-choose-use-ppp-deliver-public-infrastructure-services-value-money-analysis-practices-challenges-governments-choose-use-ppp-deliver-public-infrastructure-services http://hdl.handle.net/10986/17622 |
| _version_ |
1764437979885993984 |