New South Wales authorities are revaluating their policy toward ‘public private partnerships

New South Wales authorities are revaluating their policy toward ‘public private partnerships.’ “NSW is worried that it won't find enough contractors to build some $80 billion of infrastructure over the next four years if it does not better manage construction risk and break contracts into smaller sizes, giving smaller companies an opportunity to compete against bigger companies. The average size of new social infrastructure projects undertaken as public-private partnerships has more than doubled in the five years to 2015 to about $753 million compared with the five-year period to 2010, according to Allens. Some of the PPPs have also been controversial, such as Maitland Hospital, which will now be built by the government following opposition to the hospital's privatization. Mr. Donnelly said governments needed to better plan PPP as the size of projects increased, and be careful about rushing proposals into the market to meet political timetables.”

Published on

Jun 12, 2018




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