Public Administration Public Administration (a form of governance) or Public Policy and Administration (an academic discipline) is the implementation of public policy, administration of government establishment (public governance), management of non-profit est ...

, 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 The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...

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 A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions.Hodge, G. A and Greve, C. (2007), Public–Private Partnerships: An International Performance Review, Public Adminis ...

or other arrangement would be more cost effective. The PSC is most commonly used in UK, Australia, Hong Kong and Canada.

References

Public administration Government finances Public sector {{gov-stub