Most Participants (both private and public sector) feel that there is good competition within the Australian market2. Projects generally deliver strong financial value for money and Government project teams see strong competition. However, factors that impact the level of competition within the PPP market can effect competition amongst existing Australian PPP players, as well as deter potential new domestic participants and experienced international participants from the Australian market.
The most common issues cited by Participants as barriers to competition are:
• a largely unknown pipeline of projects that is sporadic in nature (all Participants mentioned this issue)
• a perceived lack of commitment to PPPs consistently across all Australian jurisdictions (almost all)
• the magnitude of bid costs (most).
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2 However, the Global Financial Crisis has led to some reductions in competition