This paper builds on our 2006 report, discussing PPPs as part of a partnering spectrum that is being used to respond to the future costs and needs for public services. We explore how PPPs are being used to capture innovation and change by sharing the risks and responsibilities in performing a particular public service.
We have written this discussion paper to inform public sector leaders and decision-makers considering partnering with the private sector about the general features of PPPs and the factors that are seen as important in sustaining an appropriate "enabling" environment for all PPPs.
As the public sector looks to expand its use of partnering arrangements, we need to learn from our own and others' experiences about the innovative responses that PPPs are expected to generate. Better understanding about PPPs and their place in the partnering spectrum will help agencies more effectively and efficiently respond to the changing needs of the public sector. The paper is supported by:
- international observations and literature about PPPs;
- the experiences of public and private sector participants; and
- a review and analysis of this country's PPP market.
The paper does not:
- provide an audit or review of any individual PPP activity or associated entity;
- advocate the use of PPPs as an instrument of public policy, or conclude on the success or otherwise of a particular PPP or PPP policy; or
- audit or review the structures, mechanics, or economics of PPPs.