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Effective Control Strategies for Public-Private Partnerships: Maximizing Value and Quality

Explore the intricacies of control mechanisms in PPPs and how they impact stakeholders, finances, and service quality. Understand the key concepts such as risk management, performance evaluation, and regulatory compliance.

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Effective Control Strategies for Public-Private Partnerships: Maximizing Value and Quality

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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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