Availability based Public Private Partnerships (Availability PPPs) are a unique partnership arrangement made between the private sector and Government to deliver specified assets and services (including the initial financing of these assets) under a performance based contract.
Successful delivery of infrastructure through this model is a key part of the NSW Government's State Infrastructure Strategy which has and continues to establish a portfolio of PPP assets under the control of various State entities.
This Budgeting for Availability based Public Private Partnerships Policy and Guidelines Paper reflects the Government's objective of a consistent, strategic and systematic approach to recognising the present and future liabilities associated with Availability PPPs across the whole of Government.
This policy applies to all General Government agencies and Public Trading Enterprises (PTEs) for financial years beginning on or after 1 July 2014 for all Availability PPPs.
Philip Gaetjens
Secretary
NSW Treasury
February 2015
| Treasury Ref: | TPP 15-02 |
| Note General inquiries concerning this document should be initially directed to: The Infrastructure & Structured Finance Unit, NSW Treasury Tel: 9228 3944, or email: isfu@treasury.nsw.gov.au. This publication can be accessed from the Treasury's website http://www.treasury.nsw.gov.au/. | |