Contracting for Public Value: New Thinking for More Effective, Accountable, and Sustainable Public Service Contracts

Public-private partnerships (PPPs) play an increasingly central role in the delivery of public services worldwide, promoting long-term institutional cooperation through multisector partnerships.If well-structured and managed, PPPs offer the opportunity to expand public service capacities while sharing financial and operational risks and responsibilities with private partners.Yet many PPPs experience conflict and fail, squandering public resources and falling short in serving the public interest. Contracting for Public Value extensively analyzes the contractual arrangements and relationships that serve as the scaffolding for PPPs, and how they can be designed, developed, and managed to promote more effective, accountable, and sustainable partnerships for public services delivery.The book focuses on two in-depth case studies of complex, multiactor PPPs--one in the United States and one in the United Kingdom--that employed outcomes-based contracts in arranging for service provision to vul