Canada
Improve P3 Transparency and Auditability
The importance of carefully planning the implementation of operation and maintenance (O&M) software for public-private partnership (PPP or P3) contracts cannot be emphasized strongly enough.
A well-implemented system can significantly contribute to and strengthen stakeholder relationships, and demonstrate P3 value for money.
This white paper provides detail on:
- planning and successfully implementing P3 O&M software, whether starting the process for the first time or replacing an existing system
- how a well-designed P3 O&M software system, with an integrated payment mechanism, provides performance monitoring functionality in order to forewarn of potential service failures and penalty deductions
- the role of O&M software in establishing a trustworthy flow of auditable information and creating an ethos of transparency among P3 project stakeholders -something that is very difficult to achieve using spreadsheets alone.