KPMG Corporate Finance (Aust) Pty Ltd ("KPMG") has prepared this document at the request of Infrastructure Australia. Its use is limited to providing information about potential issues and strategies for reducing barriers to entry and increasing the efficiency of the PPP process. The information contained in this document is strictly confidential and must not be copied, reproduced or used, in whole or in part, for any purpose other than that for which it is intended. KPMG has prepared the information, statements and opinions contained in this document from a range of sources and do not necessarily represent the opinions of KPMG, Infrastructure Australia, State or Territory Governments.
Infrastructure Australia is keen to identify where current PPP procurement practices may not be consistent with best practice internationally and across Australian jurisdictions, and is seeking access to and cooperation from private sector parties to assist in identifying key barriers to entry within the Australian PPP market, in particular the major drivers of high bid costs.
KPMG has developed this paper to stimulate discussion and to facilitate the receipt of feedback from existing and potential PPP practitioners within the Australian infrastructure market. It summarises some of the key issues cited by current or prospective market participants and/or arising from observations in respect of both barriers to competition and the efficiency of Australian PPP procurement processes.
KPMG will collate feedback received during the industry consultation process, recommending suggested process reforms for implementation where it considers such changes are likely to improve competition and remove inefficiencies, whilst maintaining value for money and public interest outcomes for Government.