Towards an ex-post evaluation of PPP projects

Abstract

Public Private Partnerships (PPP) are employed worldwide to deliver public infrastructure using private funding and managing risk for public purposes. Currently, their effectiveness for achieving real public welfare has been questioned from a technical perspective (Value for Money), and from an ideological and political perspective. The ex-post evaluation is an instrument that can address the questioning and protect taxpayers' interest. An exploratory research to investigate the relevance, current practice, and challenges of PPP ex-post evaluation was conducted by interviewing PPP experts and practitioners in Chile and Australia. A thematic analysis was performed and 7 themes are identified ..