Qualitative Value-For-Money Guidance & Toolkit for Assessing PPP Projects in Developing Countries in Asia and the Pacific

Across emerging markets, much needed economic growth is hampered by a shortage of roads, mass rapid transit systems, telecommunications, power plants, sanitation, medical facilities and other basic infrastructure, all of which are much needed to achieve sustainable development.

Facing budgetary constraints, many developing countries consider Public-Private Partnerships (PPPs) as a way to mobilize private sector resources, bridge their infrastructure gaps and improve services delivery.

Value for Money Assessment: Eglinton Crosstown Light Rail Transit

The Eglinton Crosstown is a light rail transit line that will run across Eglinton Avenue in Toronto between Mount Dennis (Weston Road) and Kennedy Station. The 19-kilometre corridor will include a 10-kilometre underground portion between Keele Street and Laird Drive. The LRT will have 25 stations and stops, linking to
bus routes, three subway stations and various GO Transit lines. The LRT is a significant provincial investment in support of Metrolinx’s Regional Transportation Plan for the

Value for Money: Identifying/Screening PPP Proposals in South Africa

The Government Technical Advisory Centre (GTAC) provides specialized analytical support to the National Treasury for the assessment of proposed large infrastructure investments. Project appraisals of megaprojects are undertaken to determine the likely economic and financial viability of the project, particularly where financial support is being requested from the fiscus.

Value for Money Assessment: Review of Approaches and Key Concepts

This report is mainly addressed to:

  • −  PPP policy-makers, for example those in PPP Units; and

  • −  public sector PPP practitioners, such as procuring authorities.

    In countries with established PPP markets and a track record in VfM assessment, the information contained in this report may be useful when undertaking comparisons and reviewing their own VfM policies and guidance.

United Kingdom - Value for money assessment for using private finance

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These documents provide the framework for the justification for using private finance, and this does not compensate for the economic case for the investment decision. 

The Green Book sets out a framework for the appraisal and evaluation of all policies, programmes and projects.

United Kingdom Treasury - Budgeting and accounting for PPP arrangements

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HM Treasury finance director letter - draft IFRS accounting standard for PFI

The FD letter introduces a discussion paper on accounting for PPP arrangements, including PFI contracts, under IFRS.