This research adopts an intentional perspective on the operating phase of PPP and the public partner's involvement in this. This means that other PPP project phases (procurement, delivery and concession termination), which may have significant bearing on achieving VfM outcomes, are not dealt with.
The research contributes to the advancement of the 'body of knowledge', with respect to public partner governance of PPP in the operating phase by identifying critical success factors that lead to the achievement of VfM outcomes, thus building upon existing knowledge, policy and guidance of PPPs. This was achieved by conducting an in-depth qualitative study involving 34 interview participants working in Australian and international PPP markets. Given the experience of the participants, these views carry substantial weight.