Benefits of the PPP model
The key benefits of the PPP model are the result of the service provider's commitment to long-term liability as well as the flexibility and speed of implementation. This requires an open partnership between the parties.
The successful implementation of PPP projects requires continuous partnership from the project parties. A fruitful partnership requires open co-operation, clear and shared objectives and needs, known and proven resources and way of working, transparency and decision-making always based on the "best for the project" approach.
The PPP model:
- Ensures the careful design, construction and long-term operation, upkeep and maintenance of the project.
- The project can be implemented and inaugurated quickly. Any problems related to the availability of budget financing do not impose restrictions on the launch of the project.
- Ensures the good price/quality ratio of the overall project.
- The costs of the project can be allocated evenly throughout the duration of the entire service contract if financing and ownership are combined in the model. Makes budgeting easier.
- Encourages and supports innovation and allows efficient incentive and bonus structures.
- Responsibility for the availability of personnel is automatically transferred to the private service provider.
- Supports a long-term "best for the project" mindset.
- Relieves the customer from leading the processes of the service period.
- Improves the transparency of public operations and makes it possible to compare them to private operations.