THE CASE FOR PUBLIC-PRIVATE PARTNERSHIPS IN INFRASTRUCTURE

MURPHY, T.J.

CANADIAN PUBLIC ADMINISTRATION, n.º 1/2008, pág. 99 a 126

I. The public policy rationale for P3 arrangements. 1. "Off-book" financing -a declining factor. 2. Accelerating construction. 3. Shifting risk to the private sector. 4. Cost-savings. 5. Customer service improvements. 6. Enabling the public sector to focus on outcomes and core business. II. Responding to the key arguments against P3s. 1. Higher cost, less value. 2. Lower-quality design and service. 3. Less accountability, more secrecy. 4. Threat to workers' rights. 5. Loss of public policy flexibility. III. Ensuring successful P3s. 1. The nature of the project. 2. Effective project and contract management skills. 3. Reduced uncertainty and effective risk allocation. IV. Conclusion.