A Public Private Partnership (PPP) is one option the Government may use to procure infrastructure. A PPP can broadly be defined as a long-term arrangement between the public and private sector for the development, delivery, operations, maintenance, and financing of service enabling public infrastructure. PPPs offer opportunities to improve services and achieve better value for money in the development, maintenance and operation of service-based infrastructure.

The NSW Public Private Partnership Policy & Guidelines 2022 (Guidelines) provide Government agencies, the private sector, advisers and other stakeholders, with a streamlined guide to the NSW specific requirements for PPP preparation, procurement and management, and complement the National PPP Guidelines. The Guidelines can be found on NSW Treasury’s policy, guidelines and publication page.

Principal features of a PPP

While every PPP has its unique characteristics, the principle features of a PPP include:

• Provision of service-enabling infrastructure that includes private sector skills to deliver a combination of design, construction, financing, maintenance, operations and delivery of services
• Risk sharing between public and private sectors
• Contribution by Government through land, capital works, risk sharing or other supporting mechanisms and
• Payments from Government or users to the private sector on the basis of service delivery.

NSW Treasury’s Infrastructure and Structured Finance Unit (ISFU) provides expert advice to agencies throughout the procurement process. For more information contact ISFU