Resource provided by Giulia Gasparini
Why and how public private partnerships should be activated
10 April 2016 – Milan, Italy – A new resource has been added to the PM World Library related to Public Sector Programs and Projects. The new resource is titled “PPP Motivations and Challenges for the Public Sector”.
Published by the European PPP Expertise Centre (EPEC) – initiative born from the collaboration of the European Investment Bank, the European Commission, European Union Member States and Candidate Countries – this report is composed by three main sections:
- The first one presents the reasons why Public Administrations usually choose PPPs;
- Section 2 analyzes the characteristics of PPPs in the public sector and enlightening main issues and challenges during their implementation;
- In the last section the conclusions are drawn, in particular the main issue is the scarce knowledge of the PPP’s instruments. Public entities have economic opportunities that increase the present value of Public Administrations’ investments. Some of them are suitable to be realized through PPPs. They can optimize the rate of success and the value created but today – when a PPP is implemented – managers do not use this financial instrument properly, assessing its benefits and costs, its sustainability, etc. and comparing it with the alternatives.
To access this new resource, go to https://pmworldlibrary.net/industries-and-organizations/, click on Public Sector Programs and Projects, scroll down to “PPP Motivations and Challenges for the Public Sector”. Must be a registered member to access.