Other Publications
RICS View: the future of Public Private Partnership
Public Private Partnerships (PPPs) have become an increasingly important way of providing infrastructure projects over the last 10 years and are now used in over 40 countries. The 2007 financial crisis had a significant impact on PPPs and they will have to evolve in response to the new economic environment with tighter credit conditions and less government spending. Although they will not be suitable for all projects the need to attract private sector finance for infrastructure development will support a significant role for PPPs over the next decade. The construction industry, financial institutions and governments need to work together to create a PPP system fit for a new economic world.
RICS Future of Public Private Partnerships Media Release Oceania 22062011
RICS Future of Public Private Partnerships Summary.
European PPP report 2009 launched by DLA Piper and EPEC
Press Release
15 Dec 2009
The European market for public-private partnerships (PPPs) has not collapsed and public sector interest for PPP as a form of project finance has grown across Europe as a consequence of the economic crisis. These are key findings of the European PPP Report 2009, the most comprehensive up-to-date study of the PPP market, launched today by DLA Piper and the European PPP Expertise Centre (EPEC). To read the full press release please follow this link: ww.dlapiper.com.
For the full report please click here>
For further information, please contact:
Mark Williamson
Partner
DLA Phillips Fox
+64 9 3003857
+64 27 5474 782
mark.williamson@dlaphillipsfox.com
KPMG produced papers on PFI in relation to school facilities and building
PFI-in-school-building
Investment in school facilities and PFI - do they play a role in educational outcomes
For further information, please contact:
Adrian Wimmers
Director
KPMG Financial Advisory Services
Tel +64 4 816 4681
Fax +64 4 816 4600
Mob 021 221 4313
Public Private Partnerships: Ther Logic of Myths
Ciaran Connolly, Queens University Belfast and Tony Wall, University of Ulster
This paper seeks to explore the validity of some of the common myths surrounding Public Private Partnerships (PPPs). More>
Governance for Auckland Conference: Auckland Regional Governance - A business sector perspective
Matthew Cockram - Principal and Chief Executive Officer, Cooper & Co
28 April 2009
Matthew Cockram's address to the Governance for Auckalnd Conference, "a perspective". More>
For a profile on Matthew Cockram please click here>
Broadband Strategy Options for New Zealand
InternetNZ and Network Strategies
Groundbreaking research concludes that utility expansion provides the best opportunity for dramatic improvement of New Zealand's broadband infrastructure. More>
The Economic Contribution of Sydney's Toll Roads to NSW and Australia
a Ernst & Young publication
This report has been prepared to complete an updated economic evaluation taking into consideration the network affects along with the consistent application of externalities that should be included in the analysis. More>
Slowing the Flow
a Beacon Pathway report
A comprehensive Demand Management Framework for Reticulated Water Supply More>
Infrastructure Finance - Surviving the Credit Crunch
a Public Sector Research Centre Publication
PriceWaterhouse Coopers
Across the globe, governments are increasingly turning to the private sector to fund critical infrastructure developments. More>
Report of the Waterview Connection Procurement Steering Group
Progressing the Waterview Connection as a public private partnership - an investigation of the value a public private partnership
The Waterview Connection Procurement Steering group is pleased to present our report into progressing the Waterview Connection as a public private partnership as requested in the Terms of Reference released on 7 February 2008. More>
Stratergy + Business: Lights! Water! Motion!
Viren Doshi, Gary Schulman and Daniel Gabaldon
From Stratergy + Business issue 46, Spring 2007
The world's urban infrastrucure needs a $40 trillion makeover. Here's how to reinvigorate our electricity, water and transportation systems by intergrating finance, governance, technology and design. stratergy and business.pdf(867.84 KB)
Bond University. Public Infrastructure Bulletin
The Public Infrastructure Bulletin is published twice annually by the Bond University Mirvac School of Sustainable Development. It aims to promote debate and discussion about the conception, development and management of public infrastructure projects. More>
Performance of Public Private Partnerships and Traditional Procurement in Australia
Public Private Partnerships are the best method available to Australia's governments to deliver large, complex and expensive projects, achieving significant savings in both time and cost according to a major independent Report undertaken by The Allen Consulting Group and Melbourne University commissioned by Infrastructure Partnerships Australia. The Report undertakes the first ever comprehensive national analysis of the outcomes of projects delivered by government and those delivered through partnership with the private sector. To down load the report click here>
New South Wales Treasury: New Schools Privately Financed Project Post Implementation Review
A New South Wales Treasury post implementation review of new schools delivered under a private public partnership model has found them to be "an improvement on traditional public sector delivery". More>
For a detailed list of reports on PPPs click here>
Transpower (2007) Annual planning report
The report details the issues impacting on electricity demand and generation in New Zealand over the next 10 years, viewed from the perspective of the transmission network owner. It considers the latest demand forecasts and compares these with the transmission capacity in 13 regions covering the country. The periods and places when capacity is approaching its limit are highlighted and possible transmission developments to relieve the situation have been identified in the report. View Report>
PPPI WBI Egypt Press NZCID June (2007)
Public Private Partnerships (PPP) are being used increasingly across a range of public services throughout developed and developing nations. It is a way of sharing the risk of construction between the Public and the Private Sectors. When being used in the Education sector, private partners take resposibility for 'non-core' services while the public partner retains its resposibility for 'core' services such as teaching. PPP's make construction timetables and quality of delivery more efficient, by using specialised skills. Although some challenges may occur, the use of the Private sector is generally well suited to the Education sectors structure. More>
Deloitte (2006) Making a sucess of local government reorganisation
This report aims to contribute best practice to the debate on reorganisation and identify lessons for local government and central government on how best to meet the challenges of reorganisation.
From country to country,the large and growing gap between infrastructure needs and the resources governments have historically invested inmeeting those needs is obvious everywhere. Governments promise many new projects to close the gap, but often do not or cannot find the funding to follow through on their promises. This report from Deloitte Research examines the Case for Public-Private Partnerships, the maturity curve, and sector opportunities and challenges. View Report>
Innovative Procurement of Public Infrastructure
Public Private Partnerships (PPPs) are widely used internationally to provide enhanced value for money and to advance delivery of essential infrastructure earlier than is otherwise possible through normal funding channels. Despite their extensive use internationally, New Zealand has yet to take advantage of this procurement option. Some critics perpetuate myths about PPPs both here and in jurisdictions where they are widely used.
The attached briefing paper from The Victorian State Government Department of Treasury and Finance deals with these criticisms. One of the key myths addressed is the common perception "that the public sector can borrow more cheaply" - a view that that gives no recognition of the value obtained from the transfer of risk or the value that can be added through private sector innovation.
The paper is short and concise and is recommended as essential reading for all public sector decision makers looking to secure better value for money in infrastructural procurement. View Report>
HM Treasury (2006) PFI strengthening longterm partnerships
This report builds on the measures introduced since 2003, setting out further improvements to PFI to support its ongoing important role in delivering better public services. It proposes measures to build on operational and contractual flexibility under PFI; sets out the measures that the UK Government is taking to improve the ability of the public sector to understand where PFI is likely to offer better value for money than other procurement routes; seeks to bolster the professionalism of PFI procurement to reduce procurement times; sets out how local decision making in PFI will be supported by central skills and capabilities and how changes to the existing framework will reinforce this. View Report>
Infranews (2006) NSW New Schools II PPP project case study
In December 2005, the New South Wales (NSW) government’s Department of Education and Training (DET), appointed Axiom Education to design, construct, fit-out, commission, finance, operate and maintain school facilities in 10 nominated locations. The Project achieved financial close on 28 February 2006. With the project taking only 7 months from the issue of the request for detailed proposal documentation to financial close it sets a bench mark in Australia as to fast a PPP deal can be done. David Templeman, Partner at Freehills examines the project detail, the advantages of using PPPs, the risks transferred and the value for money. View Case Study>
MAG (2006) Ministerial Advisory Group on Roading Costs
Findings of this report outline steps aimed to increase the value for taxpayer money spent on land transport, including much needed changes in areas that have long hindered transport - governance, strategic planning and funding. View Report>
New Zealand Treasury (2006) Financing infrastructure projects: Public private partnerships (PPPs)
This paper concerns itself with infrastructure concession agreements, under which a government agency awards a long-term contract to a private party to design, build and operate a facility that provides services either to the public or back to the government agency. Typical examples from overseas would include toll roads, prisons, stadiums, water treatment plants and military training facilities. This paper discusses the main advantages and disadvantages of PPPs with particular regard to institutional circumstances in New Zealand. View Paper>
TERNZ (2006) Predictions of freight growth to 2020
The purpose of this report is to predict the overall demand for freight transport in New Zealand by 2020 and provide details of freight growth in the nation's regions and major business sectors. View Report>
TERNZ (2006) The contestability of NZ's road freight task by rail
NZ's freight task is expected to almost double by 2020. The Government proposes to promote the use of rail freight transport where appropriate but there is little information available on what proportion of this rapidly growing freight transport task is contestable by rail, which types of freight are suited to rail and which regions are able to make greater use of rail to transport freight. This report aims to provide an estimate of the proportion of the freight task currently transported by road and the proportion of the expected freight growth that is contestable by rail. View Report>
Transit New Zealand (Annual) 10 year state highway plan and forecast
The Forecast sets out in detail Transit's programme of work for the current year along with a 2-5 year plan and an indicative 6-10 year forecast. View Forecast>
Pricewaterhouse Coopers (2005) Delivering the PPP promise: A review of PPP issues and activities
Effective transport links are a vital part of maintaining an efficient and competitive economy. Governments are looking increasingly to PPPs to address this investment need. In October 2005, as part of its Presidency of the EU, the UK government hosted an EU Transport PPP Summit, where officials at the most senior levels in transport and finance ministries across Europe and private sector firms came together to talk frankly about what works now – and how to get the best out of working in partnership in the future. This paper is intended to stimulate the debate by further examining the potential of the PPP model for meeting the investment challenge in an efficient, cost-effective way. In particular, a review of PPP activity across Europe highlights examples of best practice and developing trends. Finally, the benefits of PPPs as well as the main difficulties facing the public and private sectors are explored, along with practical solutions for delivering a PPP approach. View Review>
Allen Consulting Group (2004) Benefits of investing in NZ's road infrastructure
This study evaluates the adequacy of the current stock of road infrastructure in New Zealand and investigates the economic contribution that transport infrastructure makes to the New Zealand economy at large. It also assesses the potential economic benefits that would flow from selected new investments in New Zealand’s road system. View Study>
Bell Gully (2004) Private financing of public assets: Practical and policy problems
This report by Robert Lonergan outlines the background to private finance; examines the value for money issues in private financing; and discusses the potential practical and policy problems in the New Zealand context. View Report>
New Zealand Business Council for Sustainable Development (2004) Sustainable energy futures project: Stage 1
The New Zealand Business Council for Sustainable Development (NZBCSD) in conjunction with nine energy companies has established a Sustainable Energy Futures Project. The project seeks to develop a long term industry perspective on what a sustainable energy sector might look like. This is important if the industry is to provide for New Zealand’s long term energy futures and manage the transition from the existing asset base to the next generation of technology. The project was created against a backdrop of increasing concern that the New Zealand is drifting into an energy crisis with no strategy in place to address it. The paper presents scenarios of what the future energy plan for New Zealand might look like based on input received from nine firms. The firms’ operations cover the full spread of primary energy sources, electricity generation and distribution. View Report>