Source: Hospital Development

By Gregory Roumeliotis

Most issues in the construction of public-private partnership (PPP) projects arise because of the behaviour of the public sector, a survey of stakeholders in 22 countries has found.

Carried out by credit agency Standard & Poor's, the survey identifies the public sector as the main culprit for any departure from expectations about the outturn cost of works, their specification and schedule.

Such research makes grim reading for the Department of Health, which is responsible for approving PPPs such as local improvement finance trust (LIFTs) for the delivery of hospitals and health centres.

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Posted by pichu at April 16, 2007 5:15 PM