Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.13/35536

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Title
Sustainable procurement: a contemporary view on Australian public private partnerships (PPP)
Author/Creator
Jefferies, M. C.;  McGeorge, W. D.;  Chen, S. E.;  Cadman, K.
Institution
The University of Newcastle. Faculty of Engineering & Built Environment, School of Architecture and Built Environment
Description
The last two decades have seen the evolution of Public Private Partnerships (PPPs) as an alternative procurement method to traditional methods of delivering public infrastructure. Gaining significant popularity in the UK during the 1990’s PPPs have gradually spread worldwide to become an accepted approach to infrastructure provision. In Australia, there would appear to be considerable growth potential for PPPs given that both the New South Wales and Victorian State Governments have recently developed policies to expand the application of PPPs to include social infrastructure, such as hospitals and schools. This growth potential has lead to an ongoing debate on the nature of the bid requirements for social infrastructure PPPs, particularly in terms of the cost of bid preparation. This paper maps the historical development of PPPs in Australia and describes a recently commenced research project which is investigating current approaches to the identification and allocation of risks during the bidding process of social PPPs with particular reference to the legal and financial (i.e. transaction) aspects. The primary objective of this research is to improve the process of risk identification and risk allocation for Public and Private Sector stakeholders in PPP bidding with the ultimate goal of minimising the transaction costs of the bidding process.
Relation
Joint International Conference on Construction Culture, Innovation and Management (CCIM). Joint International Conference on Construction Culture, Innovation and Management (CCIM). Conference Proceedings (Dubai, UAE 26-29 November, 2006) p. 474-483
Relation
http://www.cibworld.nl/site/databases/publications.html
Date
2006
Publisher
British University in Dubai
Keyword(s)
public private partnership;  economic infrastructure;  social infrastructure;  risk allocation;  success factors;  complexity index
Resource Type
conference paper
Identifier
http://hdl.handle.net/1959.13/35536
Identifier
ISBN:0947974539
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"Sustainable procurement: a contemporary view on Australian public private partnerships (PPP)"
 
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