scholarly journals Rejuvenating Public-Private Partnerships (PPPs) in Asia

2005 ◽  
Vol 4 (2) ◽  
pp. 460-469
Author(s):  
Dr. (Mrs) Satinder Bhatia
Keyword(s):  
Public Sector ◽  
Growth Rates ◽  
Public Private Partnerships ◽  
Gdp Growth ◽  
Costs And Benefits ◽  
Value For Money ◽  
The Uk ◽  
Considerable Experience ◽  
Selection Of

Infrastructure-building has become a focus area in Asia as targeted GDP growth rates climb higher.  Selection of projects as PPP projects or pure public sector projects has to be done carefully comparing costs and benefits under both scenarios.  Such an approach (value for money) is common in the UK and Australia which have considerable experience in PPP projects.

Contractual Uncertainty, Power and Public Contracting

2005 ◽  
Vol 25 (2) ◽  
pp. 219-240 ◽  
Author(s):  
CHRIS LONSDALE
Keyword(s):  
Public Sector ◽  
Power Relation ◽  
Public Private Partnerships ◽  
Value For Money ◽  
The Public ◽  
Public Contracting ◽  
Public Body ◽  
The World ◽  
The Uk ◽  
Public Bodies

This article discusses the concept of contractual uncertainty and assesses its impact upon the ability of public sector bodies to obtain value for money from their suppliers. Particularly in the realm of public private partnerships, governments around the world are increasingly developing specifications that are likely to be subject to contractual uncertainty. Contractual uncertainty is not necessarily a problem in itself, but can be if the public body cannot avoid an unfavourable power relation in its dealings with the supplier, because it is in a poor position to undertake the inevitable post-contractual negotiations. The argument is illustrated with two cases from the UK public sector that highlight the fact that British public bodies are often seeking to manage contractual uncertainty from a position of weakness.

scholarly journals The evolution of public–private partnership in Ireland: a sustainable pathway?

2016 ◽  
Vol 84 (3) ◽  
pp. 579-595 ◽  
Author(s):  
Gail Sheppard ◽  
Matthias Beck
Keyword(s):  
Public Sector ◽  
Public Private Partnership ◽  
Institutional Isomorphism ◽  
Public Private Partnerships ◽  
Credit Crisis ◽  
Private Partnership ◽  
Institutional Legitimacy ◽  
The Uk ◽  
Voluntary Adoption ◽  
Institutional Capacity Building

Ireland is a latecomer to public–private partnerships, having only adopted them in 1998. Prior to the credit crisis, Ireland followed the UK model, with public–private partnerships being implemented in transport, education, housing/urban regeneration and water/wastewater. Having stalled during the credit crisis, public–private partnerships have recently been reactivated with the domestic infrastructure stimulus programme. The focus of this article is on Ireland as a younger participant in public–private partnerships and the nexus between adoption patterns and the sustainability characteristics of Irish public–private partnerships. Using document analysis and exploratory interviews, the article examines the reasons for Ireland's interest in public–private partnerships, which cannot be attributed to economic rationales alone. We consider three explanations: voluntary adoption – where the UK model was closely followed as part of a domestic modernisation agenda; coercive adoption – where public–private partnership policy was forced upon public sector organisations; and institutional isomorphism – where institutional creation and change around public–private partnerships were promoted to help public sector organisations gain institutional legitimacy. We find evidence of all three patterns, with coercive adoption becoming more relevant in recent years, which is likely to adversely affect sustainability unless incentives for voluntary adoption are strengthened and institutional capacity building is boosted. Points for practitioners There are many reasons why public sector organisations procure via public–private partnerships, and motivations can change over time. In Ireland, public–private partnership adoption changed from being largely voluntary to increasingly coercive. Irrespective of motives, public–private partnership procurement must be underpinned by incentives and institutional enabling mechanisms, which should be strengthened to make Ireland's public–private partnership strategy sustainable.

scholarly journals Value for Money and Audit Practice in the UK Public Sector

2015 ◽  
Vol 19 (3) ◽  
pp. 206-217 ◽  
Author(s):  
Yousef Ali Alwardat ◽  
Abdelhafid Benamraoui ◽  
Alison Rieple
Keyword(s):  
Public Sector ◽  
Value For Money ◽  
The Uk

The UK Economy: Forecast Summary

2017 ◽  
Vol 239 ◽  
pp. F3-F3
Keyword(s):  
Public Sector ◽  
Gdp Growth ◽  
Price Inflation ◽  
Relative Ease ◽  
The Government ◽  
The Uk

GDP growth is expected to slow from 2 per cent in 2016 to 1.7 per cent in 2017 and 1.9 per cent in 2018.We forecast consumer price inflation to average 3.3 per cent in 2017 and 2.9 per cent in 2018.We expect the MPC to ‘look through’ this temporary period of above target inflation.The new fiscal mandate is for the government to reduce cyclically adjusted public sector net borrowing to below 2 per cent of GDP by 2020–21. We expect the government to meet this target with relative ease.

Procurement of public sector facilities

Facilities ◽  
2014 ◽  
Vol 32 (9/10) ◽  
pp. 460-471 ◽  
Author(s):  
Peter E.D. Love ◽  
Damien O’Donoghue ◽  
Peter R. Davis ◽  
Jim Smith
Keyword(s):  
Public Sector ◽  
Significant Proportion ◽  
Design Development ◽  
Value For Money ◽  
Structured Interviews ◽  
Content Type ◽  
The Public ◽  
Competitive Tendering ◽  
Lump Sum ◽  
Selection Of

Purpose – The purpose of this research is to determine the perceptions of a public sector agency’s representatives who are involved in the selection of procurement methods about the benefits and barriers of implementing early contractor involvement (ECI). There have been widespread calls for the public sector to use of non-traditional delivery methods so as to obtain better “value for money”. ECI is one form of delivery approach that has begun to attract the attention of many Australian State Governments, as it allows a contractor to proactively participate in design development, risk management and the construction programming processes. Design and construction processes can also be integrated which, therefore, overcome the impediments and barriers that have conventionally existed between designers and contractor. Within Western Australia, the use of ECI has been limited and therefore perceptions about its potential application are obtained. Design/methodology/approach – Using questionnaire surveys and follow-up semi-structured interviews, the research sought to determine the perceptions of a public sector agency’s representatives who are involved in the selection of procurement methods about the benefits and barriers of implementing ECI. Findings – It is revealed that a significant proportion of contractors did not have the capability and experience to be involved within an ECI approach. Their preference was the use of a traditional lump-sum method. Where there was limited scope for using competitive tendering, particularly on large complex projects, then ECI could be a preferred option for future projects. Originality/value – To date, there has been limited empirical research that examined the public sectors views on the use of ECI despite the calls for the greater use of integrated procurement methods of this nature. The research indicates that there is a need to develop strategies to better educate public sector clients, designers and contractors about how ECI can contribute to the development of innovative solutions and better value for money.

Prospects for the UK Economy

2010 ◽  
Vol 214 ◽  
pp. F41-F60
Author(s):  
Simon Kirby ◽  
Ray Barrell ◽  
Rachel Whitworth
Keyword(s):  
Public Sector ◽  
Output Growth ◽  
Gdp Growth ◽  
Fiscal Consolidation ◽  
Balance Sheets ◽  
Strong Growth ◽  
The Public ◽  
The Third ◽  
The Uk ◽  
Negative Output

The UK economy has now enjoyed four consecutive quarters of expansion. Indeed GDP growth reached 1.2 per cent in the second quarter of this year, the fastest rate of growth in over a decade. The National Institute's estimate of monthly GDP suggests that the economy continued to expand in the third quarter of this year, but at a more modest pace of 0.5 per cent (see figure 1). Such a slowdown should not have come as a surprise. Persistently strong growth is unlikely in an economy where household balance sheets are still undergoing repair, funding channels to business remain impaired and the public sector is embarking on a significant programme of fiscal consolidation. However, we continue to think the chances of negative output growth in 2011 are about one in five and hence a double dip recession is unlikely.

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