Implementing Facilities Management Services through PPPs
Facilities Management Public-Private Partnerships represent a growing percentage of all PPPs being delivered today worldwide and in Europe. In the sectors of health and education, which are the focus of this policy guidelines paper, the Facilities Management PPP approach has proven viable, with some one-third of all new PPPs being prepared worldwide. And with good reason: both types of ‘social infrastructure’ require dedicated management of the buildings themselves to be treated as assets that must be operated and maintained diligently to ensure their full usable life is attained.
As this policy paper explains, the FM PPP approach, when prepared correctly, incentivises the private sector ‘facility manager’ to deliver on-time and on-budget and then maintain and preserve the new asset to pre-determined operational standards in order to earn full ‘availability payments’. Preparing PPPs that respect key structuring principles and international lessons learned is a sound course of action: there is no need to ‘reinvent the wheel’ in this area.