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What is a PPP?

  • A Public Private Partnership is a form of contractual arrangement between Government and the private sector which harnesses the skills and capability of the private sector in designing, constructing, operating, maintaining and financing major infrastructure projects.

    One of the key characteristics of a Public Private Partnership is that the Government maintains control of the infrastructure by monitoring the performance of the private sector. The Government makes payments based on a performance regime and if necessary, can 'step-in' to ensure services are delivered. A Public Private Partnership brings new incentives to the private sector to deliver infrastructure as payments do not commence until the facilities are ready for operation.
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Media Room

19 April 2005
Southbank TAFE Education Precinct Gets Go Ahead (pdf, 17kb)
Premier Peter Beattie announces that Axiom Education Queensland Pty Ltd has been awarded the tender for construction and management of the new Southbank Education and Training Precinct, the state’s first PPP.

3 December 2004
Conclusion of Evaluation for the Southbank Education and Training Precinct (pdf, 76kb)
Mini9 August, 2007arton, announces that, after evaluation of two bids from the private sector, the Queensland Government will continue to negotiate with the Axiom Consortium on the Southbank Education and Training Precinct.

25 August 2003
Government Shortlists Consortia for Education and Training Precinct (pdf, 260kb)
Minister for Employment, Training and Youth, Matt Foley, announces a shortlist of three consortia to submit binding bids for the development of the Southbank Education and Training Precinct.

27 February 2003
Expressions of Interest sought for Southbank Education and Training Precinct (pdf, 359kb)
Minister for Employment, Training and Youth, Matt Foley, calls for expressions of interest from the private sector for a PPP to design, construct, finance and maintain an innovative education and training precinct of international standing at Southbank.

20 December 2002
Expressions of Interest to be called for Southbank Education and Training Precinct (pdf, 1mb)
Employment and Training Minister Matt Foley announces that the State Government will call for expressions of interest from consortia to develop a world-class education and training precinct at South Bank

2 September 2002
 Southbank to be hub of Smart State skills (pdf, 32kb)
Premier Peter Beattie, Employment and Training Minister Matt Foley and Education Minister Anna Bligh issue a joint statement announcing that the Smart State may soon become home to a leading educational precinct under a Southbank Institute of TAFE redevelopment public private partnership strategy.

Last updated 9 August, 2007