Provision of Value for Money through Public-Private Partnership

Public-private partnerships (PPP) involve private sector in delivering infrastructure assets and services in pursuit of value for money. The aim of this article is to select and analyze value for money drivers, which crucially influence provision of value for money through PPP in the Slovak political and economic environment. According to results of the realized survey there are six primary value for money drivers in public-private partnerships. They stimulate cost reduction, qualitative innovations or create general preconditions of value for money provision. This article highlights differences in value for money potential of PPP across sectors. It also relates primary value for money drivers with the project cycle of PPP.