Abstract
By mid-2007 the UK National Audit Office (NAO) had published over 60 reports on public-private partnerships (PPPs) designed to identify good practice, improve understanding, and achieve better outcomes. This chapter discusses the relevance of three of our most recent reports to the evaluation of PPPs. The first report deals with a matrix approach to value for money assessment over the life cycle of PPP projects (see NAO, 2006). The other two reports, which focus on the tendering process and on benchmarking and market testing of service components, provide tangible examples using the matrix approach.
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References
National Audit Office (NAO), 1999, Examining the Value for Money of Deals Under the Private Finance Initiative ( London: The Stationery Office).
National Audit Office (NAO), 2006, A Framework for Evaluating the Implementation ofPrivate Finance Initiative Projects, Vols. 1 and 2 ( London: The Stationery Office ).
National Audit Office (NAO), 2007a, Improving the PFI Tendering Process ( London: The Stationery Office).
National Audit Office (NAO), 2007b, Benchmarking and Market Testing of the Ongoing Service Component of PFI Projects ( London: The Stationery Office).
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© 2008 International Monetary Fund
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Leahy, P. (2008). Framework for PPP Audits in the United Kingdom. In: Schwartz, G., Corbacho, A., Funke, K. (eds) Public Investment and Public-Private Partnerships. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9780230593992_17
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DOI: https://doi.org/10.1057/9780230593992_17
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-29944-7
Online ISBN: 978-0-230-59399-2
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