Change of consortium members / change to public partner's agency authority:

-  A change to the composition of a consortium (e.g. the introduction of a new equity investor) can potentially present an opportunity to improve VfM outcomes depending on the private sector organisation's tolerance to risk and the private partner's ability to manage change situations i.e. the willingness of its decision-makers to enter into contract variations requested by the state.

-  'Machinery of government' changes that affect a public authority can be disruptive to effective PPP management by the public partner. The impacts of these events may be further exacerbated due to uncertainty in decision-making and poor communication with employees and other stakeholders during change processes. Such developments may also heighten the risk of failing to achieve intended VfM outcomes because of staff turn-over and / or the loss of critical knowledge, unless this risk is adequately managed.