The National Infrastructure Commission are researching the performance of different procurement models to make sure that we get the most of the money invested in to infrastructure projects.
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The National Infrastructure Assessment (2018) identified the need for a better understanding of the costs and benefits of private financing and traditional procurement in the delivery of publicly funded infrastructure. This research further looks in to that issue.
The first part of the research has involved assessing the robustness of the analytical framework that will be used to evaluate the performance of both traditional procurement models and private finance models. Over the last nine months the National Infrastructure Commission (NIC) has been working with Highways England on a pilot project to test the analytical framework for evaluating different procurement models.
The report published today (26/07/2019) notes the difference in data available between publicly and privately financed projects. It was evident that there was more data available on privately financed projects, and that public ones were lacking data. The incompleteness of data to enable robust analysis poses a challenge to improving transparency on project performance.
See the full report here and related blog post here.
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