Democratic Control and Public-Private Partnerships

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Presentation transcript:

Democratic Control and Public-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