Public-Private Partnership (PPP)
Promotion of PPP
The Danish Finance Act of 2010 reinforces the effort of promoting Public-Private Partnerships (PPP). The law devotes 10 million DKK annually to the promotion of PPP in the municipalities and regions in Denmark. A fund is created to strengthen development and market maturation of Public-Private welfare solutions. In the future, the work regarding Public-Private Partnerships will be performed jointly by The Danish Enterprise and Construction Authority, The Danish Competition Authority, Udbudsportalen and Udbudsrådet. As a consequence of the new assignment of responsibilities between the parties, the PPP Task Force and the co-financing pool administered by The Danish Enterprise and Construction Authority ended on January 1st 2010.
For additional information on the different kinds of PPP within the construction area please go to the homepage of The Danish Enterprise and Construction Authority. For information of ongoing PPP projects we refer to www.udbudsportalen.dk
Public-Private Partnership is a method to handle public tasks that require long-term investment. The idea is to invite bids for design,financing, construction, operation, maintenance and services as one project up to 30 years.
The private and public partners share the risks related to the project, which means that every risk is handled by the party that can do it in the best and least expensive manner.
