Abstract
The paper aims at revealing why institutions like public–private partnership (PPP) Task Forces have an impact on the realisation of PPP projects and the achievement of Value for Money in PPPs. The paper is based on a survey looking at PPP frameworks in the international context. The need for a specially created PPP Task Force is viewed from an institutional economics perspective. The survey highlights the impact of Task Forces on the implementation of PPP projects in Germany and features their influence on the procurement process and the achievement of Value for Money. The lessons derived from the analysis facilitate better practices of PPP Task Forces to realise more PPP projects.
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