Scribd Logo
Upload

Welcome to Scribd!

  • 182 views

    Deloitte - Public Private Partnerships

    Uploaded by

    Robert Jarovi
    Deloitte article on PPP (Public Private Partnerships) written by Robert Jarovi for Deloitt.ca, 2008. Summary and synthesis of a larger global Deloitte report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Deloitte - Public Private Partnerships

    Uploaded by

    Robert Jarovi
    182 views3 pages
    Deloitte article on PPP (Public Private Partnerships) written by Robert Jarovi for Deloitt.ca, 2008. Summary and synthesis of a larger global Deloitte report.

    Original Title

    Deloitte _public­ private partnerships

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Deloitte article on PPP (Public Private Partnerships) written by Robert Jarovi for Deloitt.ca, 2008. Summary and synthesis of a larger global Deloitte report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    182 views3 pages

    Deloitte - Public Private Partnerships

    Uploaded by

    Robert Jarovi
    Deloitte article on PPP (Public Private Partnerships) written by Robert Jarovi for Deloitt.ca, 2008. Summary and synthesis of a larger global Deloitte report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    "Governmentsdelivercertainfunctionsverywellsuchasclinicalhealth

    carebutthere'salwaysroomforimprovedcustomerserviceandeconomic
    productivitythroughstrategicpartnering."
    SaadRafi
    Managinginfrastructuredeficitthroughpublicprivatepartnerships
    ACanadianperspectiveonaDeloittepublicsectorreport"ClosingtheInfrastructureGap"
    Thephenomenonofdeferredmaintenanceallowinginfrastructuretodeteriorate
    inordertosavecostshascontributedtoadramaticinfrastructuredeficitin
    Canada.Asthepopulationgrows,federal,provincialandlocalgovernmentsare
    findingitdifficulttoallocatesufficientamountsofcapitalinordertomeetthe
    infrastructureneeds.ReducingCanada'sinfrastructuregapwouldrequirethe
    federalgovernmenttoincreaseitscurrentlevelofannualspendingbysixto10
    times.Moreover,localgovernmentsfacea$60billionannualinfrastructure
    deficitwhichisgrowingatarateof$2billionayearwhileinvestmentneeds
    forcityroadsandbridgesareprojectedat$66billionoverthenext10years.
    Governmentscannarrowtheinfrastructuregapwiththerightapproach
    "Ottawaandtheprovincesrecognizethestateofthecurrentinfrastructure
    problem,"saysSaadRafi,formernationalleaderofDeloitte'sInfrastructure
    AdvisoryandProjectFinanceandcurrentDeputyMinisterofEnergyand
    InfrastructureforOntario.
    "Butthegapwillseriouslywidenifactionisnottakensoon."Thisgapimpacts
    government'sabilitytodevelop,improveandmaintainkeysectorsthroughoutthe
    country.Onewaytonarrowthisshortfallistoworkwiththeprivatesectorto
    finance,design,build,maintainandoperateinfrastructureprojectsthroughpublic
    privatepartnerships(PPPs)andotherformsofalternativeservicedelivery.
    ThisdeficitfightingsolutionisdescribedinaDeloitteResearchstudy,"Closing
    theInfrastructureGap:TheRoleofPublicPrivatePartnerships."Thereport
    explainshowgovernmentscanusecommonPPPmodelstoestablishnew
    projects,whatlessonscanbelearnedfromothercountriesinvolvedin
    infrastructureprojectsandtheopportunitiesavailableformanysectors.
    "Governmentsdelivercertainfunctionsverywellsuchasclinicalhealth
    carebutthere'salwaysroomforimprovedcustomerserviceandeconomic

    Governmentagenciesare
    lookingatwaystomanagethe
    infrastructuregap.Theyneedto
    thinkofthesepointswhen
    consideringthePPPapproach:
    Getindependentand
    objectiveadvice
    considertheappropriate
    deliverymodelforthe
    project
    Takeaviewbeyondthe
    transactioncomprehend
    thecompleteproject
    lifecycle,aswellasthe
    concessionperiodafterthe
    transaction
    Printthispage|Closewindow
    productivitythroughstrategicpartnering,"saysRafi.
    TheprovincesofOntario,BritishColumbia,QuebecandAlbertaarecurrently
    engagedinseveralPPPprojects,whilethegovernmentagencyTransportand
    InfrastructureCanadaisfundingdiverseinfrastructureinitiativesatthecityand
    communitylevel.Thefederalgovernment'sstrengthsareinlargescalePPP
    transportationprojectssuchastheConfederationBridgeinPrinceEdwardIsland
    andtheCanadaLinerapidtransitinVancouverandthenewlyproposed
    Windsor/Detroitbridgecrossing."Inaddition,therearedynamicnewmodels
    developinginwastemanagement,hospitals,energy,educationfacilitiesand
    transportation,"saysRafi.
    Benefitsofadoptingpublicprivatepartnershipmodels
    Publicprivatepartnershipsareakeytooltohelpfinanceinfrastructureprojects,
    andtheyallowgovernmentstofocusontheircorebusinessofoutcomesand
    results.PPPmodelsprovidesomeimportanteconomicandcivicadvantages:
    Theprivatesectorhasanestablishedtrackrecordofontimeandonbudget
    deliveryanddisciplinedprojectmanagement
    Infrastructureprojectsareoftencompletedfasterthan"payasyougo"
    financing,asinvestmentcostsarespreadoverthelifetimeoftheasset
    Constructionandmaintenancerisksaretransferredtotheprivatesector
    Performancemeasurescanbebuiltintothecontracttoencouragestrong
    customerservice
    PPPprojectsarenotwithouttheirchallenges,andsomecountrieshave
    experienceddrawbacksatvariousstagesofdevelopment."Closingthe
    InfrastructureGap"examinescommonpitfallsinexecutinginnovative
    partnerships,aswellasinmanagingallphasesoftheinfrastructureproject
    lifecycle."Youcan'ttakea'onesizefitsall'approachtoaddressinfrastructure
    issues,aseachprojectisuniqueandtherearedistinctphasesinproject
    development.Governmentsmustcarefullyevaluateanddecideonthemost
    appropriatedeliverymodel,"saysRafi."Wedon'tadvocatetheuseofPPPsinall
    circumstances.Thereareseveralmodelsthatwillenhancetheinnovationofboth
    thepublicandprivatesectors."
    Read"ClosingtheInfrastructureGap:TheRoleofPublicPrivate
    Partnerships."
    Understandthepublic
    purposeof
    infrastructurepartner
    withprofessionalswho
    understandprivatesector
    needsandcivilservice
    frameworks
    PageLastUpdated4/1/2013
    DeloitteLLPandaffiliatedentities.
    OfficialMarkoftheCanadianOlympicCommittee.

    Audit,Consulting,Tax,FinancialAdvisoryProfessionalServices

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy