Value for Money (VfM) from a public-sector perspective
This document is only available with a paid isurv subscription.
Traditionally procured projects and public–private partnership projects have different strengths and weaknesses.
For example, traditionally procured projects that use public financing from credit-worthy governments generally have lower borrowing costs compared to the cost of capital for PPP projects.
On the other hand, cost and schedule overruns risks for large-scale infrastructure projects are...