The Lawrence National Centre for Policy and Management at Western's Ivey Business School was asked by group of firms active in both procurement environments to compare the processes and incentive structures embedded in the two approaches to public sector procurement. The assessment began by developing a framework or logic model encompassing the traditional and P3 approaches. The research helped build a case for the agencies (including the Auditor-General) that value-for-money analysis is key to determining which approach is best for specific projects and that continued work to refine methodologies is strongly recommended.
Publication Date: 2015
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