Putting the past behind PPPs

Over the years public-private partnerships have got a bad name – and in many cases, justifiably so. Branded a waste of money by critics, the property and infrastructure schemes often resulted in inflated prices being paid by the public sector, ultimately shouldered by the taxpayer. But there are ways in which the private and public sectors can work together to deliver development schemes which benefit communities. “I think it’s quite an interesting moment for public-private partnerships at the minute,” says Kim Grieveson, director at Avison Young.  “We’ve got some big procurements which we’re live with at the moment, and we