Creating a Framework for Public-Private Partnership Programs : A Practical Guide for Decision-makers
Public private partnerships (PPP) represent an approach to procuring infrastructure services that is radically different from traditional public procurement. It moves beyond the client-supplier relationship when government hires private companies t...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/08/24948998/creating-framework-public-private-partnership-ppp-programs-practical-guide-decision-makers http://hdl.handle.net/10986/22822 |
| Summary: | Public private partnerships (PPP)
represent an approach to procuring infrastructure services
that is radically different from traditional public
procurement. It moves beyond the client-supplier
relationship when government hires private companies to
supply assets or a service. PPP is a partnership between
public and private to achieve a solution, to deliver an
infrastructure service over the long term. It combines the
strength of the public sector’s mandate to deliver services
and its role as regulator and coordinator of public
functions with the private sector’s focus on profitability
and therefore commercial efficiency. There is a tendency to
approach reform of the PPP framework as a single action,
generally delivered by external consultants in one massive
report, with a few workshops and training sessions (in an
effort to deliver the guidance in a more digestible form).
Achieving a viable PPP framework involves a complex series
of parallel, iterative initiatives, and efforts. It involves
updating the different elements of the PPP framework
discussed in this text as each new lesson is learned from
PPP transactions as they are implemented and national best
practice as it develops. Section one introduces the
framework required to support PPP and provides a summary of
the text. Sections two to six describes five key elements of
the PPP framework and what the government can do to improve them. |
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