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ARTICLE · 10 OCTOBER 2017

Updated New South Wales PPP Guidelines Reduce Bid Costs And Increase Efficiency

Jones Day
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Updated NSW Public Private Partnership Guidelines were recently released by the New South Wales state government.

AustraliaGovernment, Public Sector
Bill Napier
Bill Napier
John Cooper
John Cooper
Paul Riethmuller
Paul Riethmuller
Margot L. King
Margot L. King
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In Short

The Situation: Updated NSW Public Private Partnership Guidelines were recently released by the New South Wales state government.

The Result: The new guidelines are intended to reduce bid costs and improve PPP procurement efficiency. There will be greater involvement of NSW Treasury from an early stage and a clearer demarcation of responsibilities through the project life cycle.

Looking Ahead: The certain updates should simplify the bid process and reduce costs for bidders, resulting in easier and more thorough bid comparison. However, some projects may face difficulties or delays because of more rigorous project assessment.

The New South Wales ("NSW") state government recently released an update to its NSW Public Private Partnership Guidelines (TPP17-07) ("Guidelines") for government agencies procuring projects. All projects with a value over $100 million are eligible for public-private partnership ("PPP") procurement.

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