9. Private sector involvement
Government procurement policy requires that projects over $10M are considered for Partnerships Victoria (PV) project delivery. This is proposed to be modified to those with a net present cash flow over $25M.
In practice, a health project of capital cost under $100M is unlikely to be suitable for PV delivery unless these is significant scope for innovation and opportunities for risk transfer not available through alternative procurement strategies. This is consistent with the Fitzgerald review.