1 / 12

PPP's – are they delivering? Glenn Stone Grant Thornton LLP March 22, 2010

PPP's – are they delivering? Glenn Stone Grant Thornton LLP March 22, 2010. Criteria for a successful PPP deal. Meets public sector expectations Meets private sector expectations Meets the end-user's expectations. Public sector expectations. Fast delivery Value for money / efficiency

kiril
Download Presentation

PPP's – are they delivering? Glenn Stone Grant Thornton LLP March 22, 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. PPP's – are they delivering?Glenn StoneGrant Thornton LLPMarch 22, 2010

  2. Criteria for a successful PPP deal • Meets public sector expectations • Meets private sector expectations • Meets the end-user's expectations

  3. Public sector expectations • Fast delivery • Value for money / efficiency • Meeting output specifications • Certainty and continuity • Quality

  4. Private sector expectations • Certainty and confidence • No surprises • Profitability • Genuine partnership • Pipeline of projects

  5. Public / user expectations • Visible improvement on what existed • "Reasonableness" in charging (if any) • Value for money

  6. Are they delivering? • Large majority of international public sector believes they are: • UK National Audit Office • Australia

  7. Cost performance over project initiation and delivery Source: Duffield 2008

  8. Time performance over project initiation and delivery Source: Duffield 2008

  9. Are they delivering? Private sector • Does good private sector competition exist? • Will successful bidders compete for next project? User perspective • What is the user feedback? • Are user volumes as predicted?

  10. Where they are not delivering:Why is this? • Too ambitious • No viable business case • Public sector unprepared • Competition not seen as transparent • Weak private sector bidders • Lack of pipeline • Public sector entering into bad deals • Good deals can turn into bad deals (eg. Refinancing)

  11. Conclusion Good quality / well-prepared deals have a high probability of success. However, governments must put their best resources into these projects at an early stage and support them with experienced advisers.

  12. Thank you!

More Related