This essay has been successful in proving the thesis statement that transparency and accountability is a major requirement for creating appropriate safeguards while ensuring that there is no compromise of public services for the sake of private profits in PPPs. PPPs can be considered as significant tools for implementing orientations with respect to the new policy (Kettl, 2002). At times, certain policies are adopted by various funding bodies while considering PPPs in a favourable manner. When considered generally, PPPs can be considered as cooperative arrangement taking place between non- governmental or private companies for improving the networks of infrastructure and enhancing the delivered services.
Because of their expenses caused across the governments, followed by major complications and higher visibility across politics, there is a provision of specific challenges in PPPs related to public accountability, state audit and public transparency (Koppenjan, 2001). In an extremely complicated business environment, the crucial components of robust accountability ensure that responsibilities are clearly understood and appreciated. Participants must play a significant role in maintaining the framework of government.
In addition to this, there is huge significance to accrue potential liabilities across government. There is facilitation of effect transfer by the arrangements of government while referring to operation risk and control over the private sector, while there is a reservation of public sector. There is huge significance of capacity for protecting public interest and enforcing objectives in the policy of government for clearly establishing the outset (Yang, 2008). The underlying statement for the overall essay is that there is cause of threat for accountability and transparency in context with the mechanisms of PPPs and other types of market. This leads towards potential paradoxical scenario with key focus on transparency as a significant issue of public. There is a diversion of tasks from public sector and privatized or transferred to PPPs.