New book highlights best practices in PPPs

As increasing numbers of countries enter into public–private partnerships (PPPs) for education, a new book highlights ten good PPP practices.

They include affordability, value for money, budgeting and accounting, dealing with liabilities and regulatory and institutional governance issues.

The book also discusses the important questions of risk – both financial and political – and how to measure the performance of a PPP to ensure it is of value to society.

It also gives information on the definition of the boundaries between the state and the market.

PPP conference in Queensland this month

Meanwhile, a conference in Queensland next month looks at improving education PPPs.

The Queensland Education Infrastructure conference will look at PPP schools in New South Wales and the United Kingdom to provide a perspective on the effects of PPPs and to help optimise their implementation in the future.

Queensland Premier Anna Bligh has been reported in the Sydney Morning Herald this month as saying she was intent on pushing ahead with PPPs.

"Here in Queensland we have already established a number of very successful public private partnerships on our transport system,” she said.

"We are currently in the market looking to try this as a way of improving our education and school system.

"It's worked in Victoria, it’s worked in New South Wales and I’m very determined we have a chance to try it here."

Resources

Further information on the OECD book – Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money – is at this web page.

Further information on the conference is at this web page.

The Sydney Morning Herald story is at this web page.

Information on education PPPs in Australia is at this web page.

Information on education PPPs in the United Kingdom is at this web page.

Information on education PPPs in Canada is at this web page.