Description
In many countries Value for Money (VfM) assessment is used by public authorities as a decision-making tool in the context of public investment.
These decisions are diverse and may involve, for example, the choice of which new project to initiate, the selection of the best technical solution for a particular project, the identification of the best delivery option or even the choice among PPP bids for a particular project.
This report focuses in particular on the use of VfM assessment to guide and support decisions on whether to deliver a public infrastructure project through a Public-Private Partnership (PPP) or through other public procurement means.
