How will Public Private Partnerships impact on SMEs in Ireland?

As part of the National Development Plan 2000 – 2006, the Government has decided that a number of the projects must be awarded as Public Private Partnerships.

NDP

There are two main sectors where PPPs will be used, namely the Local Authority sector for major infrastructure projects and the Education sector.

In addition to tapping private finance the Irish Government has identified the following reasons for choosing the PPP route:

  • Value for Money - by integrating ‘Design and Build’ functions, buildings involving lower capital cost can be obtained
  • Better value can be achieved through more innovative technical solutions. This involves competitive costings over the whole life of the project, to be achieved by integrating ‘Design, Build and Operate’ concepts
  • The PPP route provides more control of the actual construction and operating costs once the contract is awarded. By involving all partners from the beginning, there is a clearer view of costs and benefits when decisions are being made
  • PPP also means that projects are being designed and built more quickly. This reduces the risk of infrastructure deficiencies, acting as a straitjacket on future economic and social development

 

Public Private Partnerships in Ireland

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