The Report is structured as follows:
• Chapter 2 reviews the Australian PPP market. The PPP market is divided into the main sectors of economic and social infrastructure. The nature of the PPP market in different Australian jurisdictions is considered, as is the role of PPPs in global competitiveness. The chapter concludes with an assessment of the evolution of the PPP market.
• In Chapter 3 we provide a summary review of previous studies that have compared the relative performance of PPPs and Traditional procurement. We also examine issues related to the relative cost of capital, and methodological issues, which are treated in greater detail in Appendix C in order to provide a high degree of transparency.
• In Chapter 4 we present the key research findings of the present study, ordered as comparisons based on normalised time and cost performance relative to budget.
• Chapter 5 presents a summary of the findings, and draws out some policy implications of the current study.