Managing Director Andy Lucido Featured in P3 Bulletin
The concept of value for money (VfM) has long been questioned and criticized in public-private partnership (P3) projects around the world. Now efforts are being made to create a level playing field for public authorities when choosing their preferred procurement method.
A&M Public Sector Services Managing Director and National Federal Practice Leader Andy Lucido discussed the concept of value for money, its long-term impact and how authorities are approaching the lifecycle of an asset in an article featured in P3 Bulletin, "Value for Money Needs Standardization: If Only It Were That Simple."
“Advisors are looking at how to take a more pragmatic business approach and bring innovation through the life of the contract,” says Andy Lucido. “Value for money should be about the entire portfolio, not just the return on dollars spent.”