1.4  Structure of the paper

Following this introduction:

  section 2 examines the three mechanisms in more detail, identifying some of the possible additional NFBs associated with PPPs;

  section 3 presents a conceptual framework for a VfM comparison between PPP and conventional procurement which incorporates both financial benefits and NFBs;

  the Annex looks at the importance developing a sound evidence base for better investment appraisals.