Assessing whether a PPP will provide value for money

For most projects, assessing value for money means assessing whether the project is cost--benefit justified, and the least-cost way of achieving the benefits. When assessing a PPP, some additional analysis is needed- to check whether the PPP has been structured well, and will provide better value for money than public procurement. Section 3.2: Appraising PPP Projects describes this analysis, and provides links to examples and guidance.