Public-Private Partnerships at the Municipal Level

Public-private partnerships became part of the life of modern economics as a tool, which enables state or local government to carry out their competences at a time when it is ambitious to increase public need and decrease public expenditure. The goal of our paper (case study) is to present a set of analytical data comparing public private partnership and traditional public procurement at the municipal level in Slovakia. This study uses a quantitative approach to investigate the research question. The study analyses the original collected survey data from our own research. Ideally, the relative costs and benefits of PPPs should be evaluated over the entire project lifecycle, from commencement of construction through operations and maintenance to the end of the contract period. However, most projects are either still under construction or in the early stages of operation and most available information relates to the construction phase. For that reason, the analysis does not allow for drawing normative conclusions about the desirability of PPP as a procurement method.