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About: Public sector comparator     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Transaction101106808, within Data Space : dbpedia.org associated with source document(s)

Type: softwareyago:Abstraction100002137yago:Act100030358yago:Commerce101090446yago:CommercialEnterprise101094725yago:Event100029378yago:Finance101098698yago:GroupAction101080366yago:PsychologicalFeature100023100yago:WikicatGovernmentFinancesyago:YagoPermanentlyLocatedEntityyago:Transaction101106808 New Facet based on Instances of this Class

In Public Administration, the Public Sector Comparator (PSC) is a tool used by governments in determining the proper service provider for a public sector project. It consists of an estimate of the cost that the government would pay were it to deliver a service by itself. The World Bank has its own definition, wherein a PSC "is used by a government to make decisions by testing whether a private investment proposal offers value for money in comparison with the most efficient form of public procurement." Generally, the PSC allows governments to figure out if a public–private partnership or other arrangement would be more cost effective. The PSC is most commonly used in UK, Australia, Hong Kong and Canada.