What is a PPP?
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A Public Private Partnership (PPP) is a partnership between the public and private sectors. The new RCH project is being delivered as a PPP under the State Government's Partnerships Victoria model.
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The Partnerships Victoria policy is designed to capture the best of what Government does, and combine this with the expertise the private sector has in designing, financing, building and maintaining large infrastructure projects.
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In the case of the new RCH Project, the Children's Health Partnership will be responsible for designing, building and then maintaining the hospital building for 25 years. This means the hospital will be maintained in 'as 'new' condition with no further investment (other than general funding for staffing and beds) required by the State Government.
The Department of Human Services, through RCH, will continue to operate all health services.
Here it is, broken down...
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Public Sector (RCH on behalf of the State)
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| Private sector (Children's Health Partnership)
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| - Operating the hospital/core medical services
- Staffing
- Teaching, Training and Research
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| - Design
- Construction
- Finance
- Maintenance
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To find out more about PPP's, visit www.partnerships.vic.gov.au
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