How can PPPs be improved?
More Information
Only use PPPs for suitable projects
More flexibility
More risk sharing
Minimise financing costs
More robust financing structures
Avoid premature announcements
Reduce transaction and bid costs
Improve pipeline
Sensible management of probity
Cease using PSC as a pass/fail test of value for money
Use affordability limits and provide scope ladders
Encourage 'owner-led' bids
Unbundling
Expand scope of services
Focus on outcomes
Project governance
Better dispute resolution procedures
Dispute Boards