Value for Money and Risk in Public–Private Partnerships

@article{Siemiatycki2012ValueFM,
  title={Value for Money and Risk in Public–Private Partnerships},
  author={Matti Siemiatycki and Naeem Farooqi},
  journal={Journal of the American Planning Association},
  year={2012},
  volume={78},
  pages={286 - 299}
}
Problem, research strategy, and findings: Delivering improved public services at lower cost, also known formally as value for money (VfM), is often the main rationale for procuring large infrastructure projects through public–private partnerships (PPPs). However, it is unclear whether the ex ante assessments of PPPs account for key planning concerns, including limitations on community consultation, contractual lock-ins that curtail public flexibility to make future plans, and a political… 
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