– What constitutes a PPP
– Different PPP models
– What transparency, accountability and probity guards are usually encompassed in PPPs
– Comparative international examples of PPP (and accountability/transparency/probity measures)
– Australian PPP examples (and accountability/transparency/probity measures)
Principal topics include:
-Historical perspectives on private involvement in the delivery of public infrastructure, how it has changed over time and lessons learnt
– Approaches to the categorising of PPP projects, including the broad distinction between ‘economic’ and ‘social’ infrastructure
– The dynamics of financing versus the fiscal responsibility of repayments and funding
– Features specific to the structuring and procurement of projects within each of these categories, including fundamental aspects such as the need to secure an income stream in relation to economic infrastructure and the relevance of the distinction, in relation to social infrastructure, between delivery of physical infrastructure and delivery of services
– Features specific to particular sectors within each of these categories (eg toll roads, power stations, water, health care, education and corrections)
– The various policy frameworks in place in Australia (and leading international agencies) for evaluation and engagement of private sector involvement in public infrastructure delivery
– Drivers that underpin the structuring, negotiation and delivery of PPP projects, including financing, probity and value for money (including public sector comparator mechanisms), competition, tax (including issues derived from Australia‘s federal structure as opposed to unitary systems in other countries) and construction risk.
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