The Partnerships Victoria Framework outlines the whole-of-government approach to the provision of public infrastructure and related ancillary services through public-private partnerships.
The Partnerships Victoria Framework comprises the National PPP Policy and Guidelines agreed by COAG in November 2008 in conjunction with the state specific Partnerships Victoria Requirements document.
The policy focuses on whole-of-life costing and full consideration of project risks and optimal risk allocation between the public and private sectors. There is a clear approach to value for money assessment and the public interest is protected by a formal public interest test and the retention of “core” public services.
Partnerships Victoria is most useful for major and complex capital projects with opportunities for innovation and risk transfer.
Policy
The Partnerships Victoria unit develops policy and guidelines, promoting the implementation of best practice on public-private partnerships issues at a state and national level. The unit also provides specific advice to departments and agencies in the progression of new PV projects to contractual close and their ongoing management.
Projects
Projects completed under the Partnerships Victoria policy include the Royal Women's Hospital and EastLink, and projects still in the construction phase include the eleven new schools being built as part of the PV in Schools Project.
Resources
The Partnerships Victoria website contains the relevant guidance material and useful information on training opportunities, reference materials and links. The resources are aimed at departments and agencies undertaking projects but may also be of interest to others in the PPP industry and general community.
For more information, visit the Partnerships Victoria website.
