The Latest Thinking On Procurement From The UK Treasury

Key Point

The UK Treasury is seeking to engage with the private sector to

develop innovative procurement methodologies

In our December 2007 edition, Angela Jeppesen commented on the

importance of assessing project delivery options when preparing a

business case for a Public Private Partnership (PPP). Since then,

HM Treasury (United Kingdom) has published a report,

"Infrastructure procurement: delivering long term value".

It provides some interesting analysis and commentary on recent

developments in procurement models used in the UK Private Finance

Initiative, which provides valuable insights for the agencies

responsible for major procurement and PPPs in Australia.

Some of the interesting comments and developments noted in the

report are:

Procurement models which rely upon public (rather than private)

funding will still benefit from application of the procurement

know-how developed from PPPs. While the UK Government will continue

to use both traditional publicly funded...