ABSTRACT
This chapter discusses several key issues including Public Private Partnerships (PPP) drivers, PPP suitability, PPP processes and key success principles, as well as PPP risk management in an Australian context. It provides in-depth studies on the risk management of several PPP infrastructure projects. The Infrastructure Sustainability Council of Australia (ISCA) intends to add two extra sustainability themes of Economic Performance and Workforce, each with their own categories. They are currently seeking to develop, test and incorporate these remaining themes into the current rating tool. The chapter also discusses the perceived problems and possible solution and sustainable infrastructure rating systems that may be useful in future PPP infrastructure procurement. Although there have been more and more applications of PPP procurement in infrastructure development, there are still barriers for its wider application, particularly in relation to fair competition and project efficiency.
