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Explore the concepts of control, regulation, and financing in Public-Private Partnerships (PPPs) with Professor Christopher Bovis FRSA. Learn about risk treatment, affordability, institutional structures, value for money, stakeholder engagement, and more.
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Democratic ControlandPublic-Private Partnerships Prof Christopher Bovis FRSA
Control concepts in PPPs • Necessity vs alternative in financing public services • Risk treatment • Affordability • Structures between public and private sectors • Institutional • Concessional • Contractual • Performance
Control instruments in PPPs • Value for money (VFM) • Value Engineering • Incentivisation • Stakeholder engagement • Refinancing
Control outputs in PPPs • payment mechanisms • profit / revenue systems • risk pricing • cost authentication • service/product quality • performance management • KPIs / benchmarking
Control and Regulation in PPPs • Public-Private Partnerships as public service instruments • Asset treatment • Public sector role • Public-Private Partnerships as investment instruments • Financing public services
Challenges for Control in PPPs • Regulatory Standardisation • Acquis Compliance • Structure Regulation • Hard regulation • Soft regulation