Unpacking the context of value for money assessment in global markets: a procurement option framework for public- private partnerships

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SUMMARY

    One possible solution to balance this funding shortage against incremental demands appears to lie in public-private partnerships (PPPs) (Chowdhury et_al, 2011; Ma et_al, 2020). The debate on the utility of PPPs is enduring (see, for example, Shaoul, 2005; Hodge et_al, 2018; and Verweij and van Meerkerk, 2021). If PPPs are potentially suitable, they will be compared PPPs: VfM assessment in global markets against the best possible public delivery, which would otherwise be the VfM option. To the normal Green Book evaluation (e_g "Business as Usual" and "do the minimum option"), the authors add . . .

     

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