High costs, time delays seen as key hurdles for public-private decisions

EXCESSIVE costs and the length of time it takes to award infrastructure contracts are significant barriers to competition and efficiency in the procurement of public private partnerships (PPP) in Australia.

A report by Infrastructure Australia and KPMG found that bid costs for PPP contracts in Australia, which often ran into the tens of millions of dollars, were about 25-45% higher than similarly sized projects in Canada with design accounting for...

This full article is available to Lloyd's List DCN subscribers only.

If you are already a subscriber, please sign in below.

If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.

Alternatively, click here to subscribe.

Please log in

Forgot your password?

If you have forgotten your password, click here to retrieve it.

Login Name

Password

Daily Top Stories

• Rena officers sent to prison
• New salvage facility for Cairns
• Worker dies in Newcastle wharf tragedy
• Major supramax markets diverge
• Panama Canal fees hike planned for July
• 12% of world tanker fleet facing scrapping