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Democratic Control and Public-Private Partnerships

Democratic Control and Public-Private Partnerships. Prof Christopher Bovis FRSA. Control concepts in PPPs. Necessity vs alternative in financing public services Risk treatment Affordability Structures between public and private sectors Institutional Concessional Contractual

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Democratic Control and Public-Private Partnerships

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  1. Democratic ControlandPublic-Private Partnerships Prof Christopher Bovis FRSA

  2. Control concepts in PPPs • Necessity vs alternative in financing public services • Risk treatment • Affordability • Structures between public and private sectors • Institutional • Concessional • Contractual • Performance

  3. Control instruments in PPPs • Value for money (VFM) • Value Engineering • Incentivisation • Stakeholder engagement • Refinancing

  4. Control outputs in PPPs • payment mechanisms • profit / revenue systems • risk pricing • cost authentication • service/product quality • performance management • KPIs / benchmarking

  5. Control and Regulation in PPPs • Public-Private Partnerships as public service instruments • Asset treatment • Public sector role • Public-Private Partnerships as investment instruments • Financing public services

  6. Challenges for Control in PPPs • Regulatory Standardisation • Acquis Compliance • Structure Regulation • Hard regulation • Soft regulation

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