Project Support, Financing, and Management

NO

ASPECTS

DESCRIPTION

12.

Facilities Available to Facilitate Project Structuring and Transaction Advisory

PPP Tender processes are largely privately funded by tender participants depending on project. Government may also compensate unsuccessful shortlisted tenders for bid costs.

13.

Role of Local Government

Local Governments support PPPs initiated or procured at a higher level of government through planning and other regulatory approval processes

Local Government has provided PPP funding support. For example, Gold Coast Rapid Transit and Sydney Light Rail.

14.

Role of Local Government

Risks should be allocated to the party best able to manage them (PPP Guidelines Overview, p.10)

15.

Financing Mix Options Allowed

Not prescriptive on gearing ratios or form of finance in PPP Vehicles

Well-developed and robust business case a necessity

16.

PPP Promotions/ Marketing Mechanisms

National PPP Pipeline

- A pipeline of current project across Australia in key social and economic infrastructure sectors

http://www.infrastructureaustralia.gov.au/public_private/

National Infrastructure Construction Schedule

- The National Infrastructure Construction Schedule contains information on all infrastructure projects over $50 million procured by the general government sector. In line with the National Public Private Partnership Policy, a number of these projects are likely to use a Public Private Partnership delivery model.

https://www.nics.gov.au/

17.

Monitoring and Evaluation

Auditor General's reports and evaluation

Each PPP unit regularly monitors progress and performance

18.

Dispute Resolution Mechanism

Standard legal avenues