Risk Management and Transparency in Alternative Delivery

How can public agencies safeguard the public interest when using design-build or P3 procurement? This session delves into governance practices that ensure accountability and success. Topics include conducting rigorous Value-for-Money analyses before committing to an alternative delivery – to prove the P3 or design-build offers clear benefits over traditional methods – and writing contracts with strong performance metrics and oversight provisions. Speakers will emphasize transparency: keeping taxpayers and elected officials informed about long-term commitments and risk assumptions. The panel will examine lessons learned from both successes and missteps, such as why a certain projects went bankrupt and how better risk assessment and contract structuring could have prevented it.