Viewpoint: The Promise of “America Fast Forward” Bonds

Value for money is based on comparing the costs of delivering projects through a PPP with the costs of conventional procurement (public sector comparator). The idea behind value for money is quite straightforward: the lowest cost procurement mechanism that addresses all of the life-cycle costs of the project—present and future, real or contingent—is the best one for society to use.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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