Depending on the size of the local government, it may not have many of the areas of expertise required for a public private partnership. In such cases, it is important to secure trusted advisors from outside of the organization. The types of expertise required for a public private partnership include:
• overall expertise in public private partnerships
• process management
• public finance, including cost recovery
• private finance
• taxation policy and regulations
• accounting
• contract law
• engineering
• architecture
• facility operations
• real estate appraisal
• marketing and market analysis
• real estate development
• asset evaluation
• quantity surveying
• communications and public involvement