Procurement route-Public Private Partnerships (PPP)- Private Finance Initiative(PFI) - Assignment Example

Extract of sample
Procurement route-Public Private Partnerships (PPP)- Private Finance Initiative(PFI)

Starting in 1993, the WHO campaigned to private enterprises and other non-government organisations the advocacy to create meaningful partnerships that seek to create projects and programs dedicated to health and development of people. In fact, creating PPP is part of the core strategy of the organisation called the “Initiative on Public-Private Partnerships for Health,” which succeeded in forming 70 health partnerships around the world (Buse & Waxman, 2001, p.748). The emphasis placed on partnerships for the sake of health is mirrored in the implication that it draws. A healthy society means a healthy workforce and a robust economy. This report aims to explain the fundamental principles of PPP in the context of the proposed expansion of referral hospital along with the enhancement of hospital facilities and services in the midst of global economic downturn. It will evaluate its advantages and disadvantages as well as the Public Finance Initiative and Public Partnerships as a procurement route. Relevant examples, statistics, and figures will also be presented in this report. 2. Principles of Public Private Partnerships (PPP), Merits and Demerits 2.1 PPP is a form of agreement; thus, it is bounded by equal, reciprocal, and shared rights and obligations. Buse and Walt (2000) expressed the blurring line between what it means to be a private entity and a government entity. ...
Download paper

Summary

Procurement Route-Public Private Partnerships (PPP) - Private Finance Initiative (PFI) 1. Introduction The road to popularity of Public Private Partnership (PPP) stems from its ability to achieve cooperation towards development, health, and welfare of people amidst all forms of diversity and distance…
Author : uterry
Download 1

Related Essays

Byetree procurement strategy
However, this changed and went beyond the old practices when the UK government became active in the promotion of sustainable development and combating climate change (AECOM, 2012). In addition, the highway customers/consumers have become discerning on the quality and quantity of MSA services. It is a great challenge for the Baytree Leisure Plc, which is the developer of a proposed MSA, to design and build the facilities in accordance with the existing Building and Environment Regulations of UK, and customers’ demands and expectations. Therefore, it is in this context that the Baytree Plc has...
22 pages (5522 words) Essay
Re-negotiations in PPP Transport Infrastructure
The paper tells that there is the tendency of national governments to incorporate the public-private partnerships (PPP) to provide and upgrade infrastructures, as well as public services. Talk of light rails, upgraded electric railway system, mainland road and main highways, as well as port facilities, are just but some of the projects the private sector is getting substantially involved in, conjunction with the public and local authorities to enhance service delivery in the transport system. Majority of these engagements are made effective via a group of diverse companies and contractual...
20 pages (5020 words) Essay
Procurement
Although enacted more than a decade later the Procurement Law was designed to arrest if not prevent a repeat of the era which was considered the lowest ebb the construction industry have experience in the United Kingdom. Although generally applicable in construction project where the government is the primary client, both reports take into consideration one important aspect in construction projects that is the satisfaction of the client. ...
10 pages (2510 words) Coursework
Engineering - Construction Procurement
Provide a reasoned recommendation based on your discussion. Introduction Understanding of procurement paths has led to analysis of traditional procurement route and development of other routes. With a variety of procurement routes available, clients have to critically analyse the best available option. There are different approaches to procuring projects. These approaches are complicated since they lack clarity and particular description of particular procurement routes. The common types of procurement routes available are; 1. Traditional arrangement, 2. Design and build, 3. Measurement, 4....
5 pages (1255 words) Essay
Construction procurement and legal framework for construction operations
It may be either small scale or large scale. For successful completion of the construction project, effective planning is crucial. There are various types of construction: 1. Residential building construction 2. Commercial building construction 3. Industrial building construction 4. Heavy civil construction. The type of construction is the chief determinant of the variety of approach to the procurement of construction services. Construction procurement is absolutely crucial to the delivery of a project on time, budget and high quality. Good procurement is synonymous with the success of the...
14 pages (3514 words) Essay
Procurement & Contracts Coursework
57). One of the key attributes of PPP is that it not only facilitates public-private partnerships during the construction phase, but it provides for post-construction services to be managed by a private agency. It has been argued that by taking this approach, the construction design is usually conducted contemplating subsequent services which ultimately lowers the cost of services. Moreover, the nature and duration of the PPP encourages a relationship of trust and facilitates the free flow of information (Hoppe & Schmitz, 2013). Likewise, Private Finance Initiative (PFI), project procurement,...
23 pages (5773 words) Assignment
Drivers for adopting public-private construction partnerships in the US, UK and Australia.
This study also narrows the gap in the literature by collecting primary empirical data from interviews with construction company managers and owners in the US with a view to understanding their perspectives on the drivers for adopting PPPs. The results of this study are discussed and implications for practice and areas for further research are identified.
24 pages (6024 words) Term Paper
Got a tricky question? Receive an answer from students like you! Try us!