7  Conclusion

The Guidelines represent a national framework that applies across all States, Territories and the Commonwealth.

The Overview and Detailed Guidance Material represent current best practice in the delivery of PPP projects and will promote consistency in the application of the PPP process and risk allocation thereby creating efficiencies in the tender process for both public and private sector participants.

The agreed National PPP Policy Framework, which outlines a national approach to determining PPPs, will also improve consistency in the consideration of PPPs as a procurement method.

The Guidelines are the agreed position of all jurisdictions and represent a fair balance between public and private sector interests. The Guidelines are detailed enough to be useful for practitioners and are flexible enough to accommodate the specifics of individual projects or jurisdictional requirements.

This Overview document should be read in conjunction with the Detailed Guidance Material and National PPP Policy Framework.

The next step for practitioners is to:

•  refer to the National PPP Policy Framework to confirm the application of PPP policy; and

•  read the Detailed Guidance Material on PPP project delivery, the Public Sector Comparator Guidance and other guidance on commercial principles.