Public Private Partnerships

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Authors:
This report was drawn up by CEDR’s Project Group Funding (PG Funding)

Group leader: Task leader: Main author:

Kristín Sigurbjörnsdottir, Iceland Wim Leendertse, the Netherlands Oscar Alvarez Robles, Spain

With contributions from the following group members:

Country Belgium-Wallonia France Finland Greece Lithuania the Netherlands Norway

Name Laurent Donato Samira Irsane-Semaan Anton Goebel Catherine Lerta and Sarantis Pantelias Vytautas Lingaitis Hannah Kandel Inger Andrea Thrane

Note: In addition to the countries represented in PG Funding listed above, contributions in the form of country profiles were provided by Germany, Ireland, Italy, Luxembourg, Switzerland, and the United Kingdom.

Approved and amended by:

CEDR’s EXECUTIVE BOARD

on 12 March 2009

Addressed to:

CEDR’s GOVERNING BOARD

on 7 May 2009

Edited and published by:

CEDR’s Secretariat General

Public private partnerships

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This report is

FOR INFORMATION

1

Executive summary

Concept and objectives of public private partnerships
Public private partnerships (PPPs) are contractual agreements between public and private partners for the development or management of a project aimed at delivering a public service, whereby a substantial part of the financing and the risks is shared between the public and private parties. PPPs may aim to increase the availability of financial resources, increase the efficiency of a project or reduce its costs, simplify the development of the project, reduce the lead-time, optimize the whole life cost cycle of the project, allow funding structures that are more reliant on the users, or defer public liabilities without showing them in public accounts.

Stakeholders
The main stakeholders involved in a standard PPP include the public authority, which is responsible for the design, tender, and management of the PPP contract; the PPP contractor, which is responsible for the development of... [continues]

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