ABSTRACT
Public-private partnerships (PPPs) are used all over the world. PPPs are gaining more and more attention as an instrument to foster sustainability. In fact, PPPs, because of their distinctive features, have the potential to support sustainability goals. It is also acknowledged that PPPs could generate economic and socio-environmental gains. In this chapter, we explore how LCC is relevant in PPPs. More precisely, we look at the concept of PPP in relation to traditional public procurement and we analyse the current use of LCC thinking in public decision-making and its relation with Value for Money and Public Sector Comparator (PSC). We also study the relevance the relevance of LCC in relation to the decision-making of private parties involved in PPP procurement. We conclude that LCC in PPPs can be a huge challenge and that PPPs and the use of LCC does not per se lead to social and environmental benefits. To unlock its full potential proactive behaviour of governments and private partners is important.
