Key Points:
A new Clayton Utz report dispels the myths about Public
Private Partnerships.
Despite their critics, Public Private Partnerships (PPPs) still
have a role to play in helping to deliver on Australia's future
infrastructure needs – if they are used on the right projects
where they can demonstrate their true value.
This is the conclusion of our new report,
Improving the outcomes of Public Private Partnerships, which
outlines the track record of PPPs in Australia and how the PPP
model could be improved for future projects.
PPPs in Australia
The term PPP describes arrangements in which the public and
private sector work together to achieve an outcome. They usually
involve private sector finance and the bundling of design,
construction, maintenance and sometimes other services into a
single long-term "whole of life" contract.