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World-class infrastructure. This is what I hear 90% of the time in any room on the client side. Letâs be honest. PPPs are often seen as the silver bullet to deliver big, bigger, massive stuff. The longest. The highest. The most advanced. The more expensive. Then things get into trouble and whose fault is it? The private sector. âSuper expensive.â âIncredibly expensive.â âThe private sector is making billions out of the poor, ingenious, and naĂŻve taxpayer.â Give me a break. When your client asks for world-class infrastructure, ask what they actually need⌠and listen. Carefully. When youâre building a hospital in an area with poor or no health services, ask why they need a world-class hospital and not just a hospital. When youâre building a two-lane highway in a place where the alternative is a narrow, dangerous sheep track that kills people every month, ask why they need a world-class two-lane highway and not just a better road â a simple, cost-effective two-lane highway. Yes⌠I get it. Planning for the future. Future demand. Bla, bla, bla. Excuses to justify medals on the chest if things go right â and shooting the messenger when the cost of higher standards keeps rising. I understand that for some people doing what the client wants, instead of what they need, is the easy and profitable way. But as we say in Spain, this is bread for today and hunger for tomorrow. Better to build 20 projects people actually need than one âworld-classâ monument that bankrupts the system. If you want to discuss this further, Iâm sure youâll find plenty of inspiration in the link below. âMentorship PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
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Youâre the preferred bidder. Youâve survived the RFQ bloodbath. Youâve outlasted two global consortia. Youâve negotiated 1,200 comments on the Project Agreement. Youâre tired. But youâre smiling. Because youâre âthereâ. And your bonus, and your holidays to Fiji, âalmost thereâ. Or so you think. In 2014, the East West Link PPP in Melbourne had a preferred bidder. Contracts were executed. Advisors were celebrating. Many, already paid. Then elections happened. Ahhh⌠the famous political risk of...
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