Public-Private Partnerships

FOR BETTER FOR WORSE, FOR RICHER FOR POORER

 

Partnerships between the public and private sectors have had a rocky history, but whether PPP, P3, 3P, PFI or PF2 is your thing, they are set to stand the test of time.

 

Maintenance of the London Tube network, a new light rail project in Kuala Lumpur, a new hospital in Canada: looking at the recent history of high-profile failures in Public Private Partnerships (PPPs), anyone might be forgiven for thinking that all PPPs are ill-fated. But as governments across the globe struggle to meet the growing demand for public services and public infrastructure, partnerships between the public and private sectors are here to stay – increasingly becoming the only route to deliver and fund exciting ventures that otherwise would not reach the drawing board. As developed nations refine their PPP methodologies to build on the lessons of the past, developing nations take their first steps to establish regulatory frameworks and explore the PPP model.

 

Navigating the complexities of these partnerships can be tricky for both private and public sector participants. How much risk should be passed to the private sector? How does the public sector keep the control it needs? How does the project demonstrate value for money and drive efficiency?

 

At Accuracy, we are trusted by our clients to answer these questions and more, from the tender stage through to financial close and beyond. Our team of project experts, financing specialists and modellers support private and public sector parties entering into partnerships. We define project requirements, apportion risk, and establish performance and incentive structures. We structure the right financing, create models for demand scenarios and shareholder returns, interface with lenders and prepare tender submissions.

Sector case study

case studies