TRANSPORT INFRASTRUCTURE PUBLIC PRIVATE PARTNERSHIPS IN A QUEENSLAND CONTEXT

Public Private Partnerships (PPP) have probably made more money for conference organizers in Australia over the last couple of years than they have made for contractors or saved for governments. However, we are getting past the talking stage. There are a number of real PPP-style projects that have been or are being completed in Australia. Included in those are a couple of road projects such as the Gateway Duplication and perhaps a second Range crossing at Toowoomba or even a road rehabilitation and maintenance package. The paper describes a unique arrangement in Queensland for some time with Toll Roads owned and operated by QML, a Company wholly owned by the State Government. This does introduce elements of PPP in its broadest sense but of course risk transfer is limited to arrangements between QML and relevant contractors. The Transport portfolio here in Queensland makes no claim to be PPP experts - there are enough of those about (or at least those that claim to be). Main Roads and Queensland Transport have worked closely with the Department of State Development and Treasury during the preparation of the Queensland government Guidelines and continue to work with those central agencies, but at the end of the day transport and other PPP projects are the line agency's responsibility. In accepting that responsibility, it recognizes that the PPP concept has its challenges - particularly for Government - and that the commercial process leading up to and including the PPP contract is critical to achieving value for money for the public dollar. Value for money is the determining factor and must be demonstrated with the desired service level provided for the life of the contract.

Language

  • English

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Filing Info

  • Accession Number: 00964296
  • Record Type: Publication
  • ISBN: 087659229X
  • Files: TRIS, ATRI
  • Created Date: Oct 3 2003 12:00AM