Queensland's public private partnership policy-achieving value for money in public infrastructure and service delivery is a key strategic initiative that supports the Queensland Government's central economic objective of achieving high and sustainable levels of economic growth and employment by providing efficient and effective services and infrastructure. The objectives of Queensland's public private partnership policy are to:
• deliver improved services and better 'value for money' through appropriate risk sharing between public and private sector parties
• encourage private sector innovation
• optimise asset utilisation
• integrate 'whole-of-life' management of public infrastructure.
This document forms part of a suite of guidance material developed and issued by the Department of Infrastructure and Planning, in collaboration with Treasury. The guidance material will assist in providing practical guidance on key technical issues that arise from the development and implementation of public private partnership policy in Queensland.
The guidance material comprises the overview, the value for money framework and a range of other supporting documents that provide further detail on specific aspects. These include:
• risk management
• project resourcing
• probity and process governance
• contract development and management
• business case development.
This document should be read in conjunction with the other guidance material, as relevant information in the other documents is not duplicated here. This guidance material may be supplemented over time by the release of further supporting documents.
This document provides additional detail to the business case stage as initially set out in the value for money framework. For ease of cross-reference, the numbering of specific elements of the business case has been maintained between documents.