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The National PPP Forum aims to facilitate greater consistency and cooperation across jurisdictions in the provision of infrastructure through Public Private Partnerships (PPPs).
Greater cooperation is expected to reduce transaction costs for both public and private sectors, improve the value for money outcomes of projects undertaken, and assist in public and private forward planning for PPP projects.
This will be achieved in a number of ways:
- Release of a national PPP pipeline of projects, the first government endorsed picture of the national market;
- Promoting consistent approaches to project development eg standardised risk allocation models, tendering processes, interactive bidding processes etc;
- Developing highly skilled and experienced staff (achieved through training programs, staff sharing across jurisdictions, knowledge transfer across projects and across jurisdictions); and
- Pooling resources and experience to resolve issues and develop new initiatives such as the application of PPPs in the local government sector, interest rate risk management and development of more accurate project benchmark information.
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