1. Introduction

Queensland's public private partnership policy was launched in September 2001 and is reviewed regularly. This policy is a key strategic initiative that supports the Queensland Government's objective of achieving high and sustainable levels of economic growth and employment by providing efficient and effective services and infrastructure. The objectives of this 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.

The purpose of this document is to assist agencies in assembling resources, procuring specialist advisers and developing a project structure for public private partnership projects. It is advisory and provides guidance on good practice.

This document is part of a suite of material issued by the Department of Infrastructure and Planning that provides practical guidance on key technical issues that arise from the development and implementation of public private partnerships in Queensland.

The guidance material comprises an overview document, the framework document and a range of supporting guidance material that details specific aspects of the public private partnership process, including:

• risk management

• project resourcing

• probity and process governance

• public private partnership business case development

• contract development and management.

This document should be read in conjunction with the other guidance material.

The governance framework for engaging consultants and contractors is contained in the State Purchasing Policy, the Capital Works Management Framework and individual agency guidelines and manuals.

For further guidance on selecting, engaging and managing external advisers, refer to the Queensland Government's better purchasing guide Engaging and Managing Consultants available from the Queensland Government Marketplace website, www.qgm.qld.gov.au