Value for Money (VfM)
The test a public authority applies before procuring an asset through a PPP: whether the present value of the payments it would make is lower than the cost of delivering the asset itself, once the risks it would keep in public delivery are priced. A PPP can cost more to finance and still be value for money if the risk it transfers is worth more than the extra cost.
Keep reading
Project finance and infrastructure modelsRelated Project Finance terms
Go further than reading
The written material is free. These are the ways to get it applied to your own work.
CV Review by a Human
Written margin-note feedback on structure, impact bullets and ATS-readability. Reviewed by Suro, not an AI score.
$25 48h turnaround
Cover Letter Review by a Human
Line-by-line review of argument, tailoring and tone, with a rewritten opening as a worked example.
$50 48h turnaround
L3VLUP Pro
The subscription: personalised alerts, Apply Packs, every answer marked, full history and the whole research library.
$25 /month
Browse the full glossary — 340 finance recruiting and technical terms, in plain English.