Public sector comparator as the main element of the assessment comparative advantage of PPP Projects: UK experience

Trotsenko O. S.

Assessment of the comparative advantage of public-private partnership projects is based on quantitative and qualitative analyzes. A quantitative analysis of a PPP project includes a comparison of the price-quality ratio in the proposed PPP project and in its implementation through traditional public procurement, based on the application of the Public Sector Comparator methodology (calculating the price of a similar project through direct budget financing). The article examines the practice of using a public sector comparator on the example of British PPP projects, identifies its advantages and disadvantages.

Keywords:comparator, comparative advantage assessment, public-private partnership, public partner, private partner, private financial initiative, public-private partnership agreement