Local government objectives should be reaffirmed, including:
• ensuring the agreements contain all necessary controls over quality, excellence and effectiveness of the service or facility, since these matters generally cannot be regulated unilaterally by the local government after the long-term agreements are made
• clearly allocating the risks between the local government and the private partner
• ensuring the combination of benefits afforded by the public private partnership will be better than if only the local government provided the facility or service (e.g., cost, service, implementation time)
• ensuring the public is protected in the event the private partner becomes insolvent, bankrupt or walks away during the term of the agreement
• ensuring the local government is obtaining value for money-the consideration provided by the local government must be balanced by the benefits received by the community