The OECD Principles for Public Governance of Public-Private Partnerships provide concrete guidance to policy makers on how to make sure that Public-Private Partnerships (PPP) represent value for money for the public sector.
The document identifies 12 Principles and are focused around 3 objectives:
- Establish a clear, predictable and legitimate institutional framework supported by competent and well-resourced authorities.
- Ground the selection of Public-Private Partnerships in value for money.
- Use the budgetary process transparently to minimise fiscal risks and ensure the integrity of the procurement process
Publication Date: 05.2012