Delivering Better Value for Money for P3 Contracts Through Payment Mechanisms

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The Cost of Spreadsheets vs. the Benefits of an Integrated Software Solution

The need to deliver auditable and transparent performance data is an essential aspect of any public-private partnership (P3) contract.  Yet many P3 stakeholders continue to use spreadsheets to manage service delivery.  Whilst offering a readily-accessible solution, Excel spreadsheets are unable to offer service providers the capability to monitor, forecast and avoid P3 deductions or provide other project stakeholders with the consistency and integrity of data that they require.

This white paper examines the challenges associated with delivering transparent P3 contract management and considers the limitations of using spreadsheets to control P3 performance data.  It outlines the benefits of adopting an integrated performance management software solution for both new and operational projects and provides essential guidance for successful implementation.

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