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Contracts and Procurement Management Assignment

   

Added on  2020-07-22

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Contracts and procurementmanagement
Contracts and Procurement Management Assignment_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK ..............................................................................................................................................1Principles of Public-Private Partnership with Merits and Demerits............................................1Examining the Formats of PPP that can be used in the scenario.................................................3Viability of Private Finance Initiative and Public Private Partnership as a Procurement Route.5Critical Analysis of Alternative Procurement Routes..................................................................7CONCLUSION................................................................................................................................9REFERNCES.................................................................................................................................10
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INTRODUCTIONPublic and private partnerships are becoming common tool for developing better servicesin the country. The aim behind the amalgamation is to bring in expertise with adequate fundingso that the proposed project can be completing as per requirements. Basically, in this concept thegovernment does not bear the capital cost for developing infrastructure but it lets the privateparties to do so (Amann and et. al., 2014). In return it provides resources and permission to themfor making it a successful venture or project. In this report it is stated as how a public privatepartnership will be formed for a proposed road extension project between two major cities. Thisis being done for ensuring that project is completed in a set period of time as well as the issues issorted out. Various merits and demerits will be stated while a proper examination of differentformats in which PPP can be developed will be conducted. TASK Principles of Public-Private Partnership with Merits and DemeritsThese are the ventures which are developed for managing higher capital value, that havemassive range of activities and are required to run for a long period of time. They are the oneswhich are used for completing non-conventional construction projects that will assist in runningoperations in long period of time. These schemes can be executed while using various types offormats. Basically, PPP provides the public sector client approach to finance, design,construction and operations expertise of private individuals. They are highly attractive to thegovernments as they do not have to pay for the facilities, designing, constructing immediately.The private entity conducts every task and once the project is completed, public sector pays themas per the actual service charge (Ambe and Badenhorst-Weiss, 2012). In the given scenario, aroad has to be extended as to reduce the traffic jams on it in between two major cities. Also theplan states that the speed of vehicles has to be increased by 15 minutes by 2025. 1
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