When it comes to P3 contracts specifically, or any contract between the public and private sector, what matters is how it's drafted and that the incentives are aligned properly between the two parties. In the case that you're describing, it sounds like that very much wasn't the case. I mean, P3s that have been the most successful need to have the private sector involved all through the process and in the operation and maintenance of it as well, in order to make sure those incentives are aligned. Certainly, I'm sure they wouldn't have put in low-quality girders if they had known they had to replace them every few years or something along those lines. That's often been the issue in the P3 contracts as well. That is, the operations and maintenance side of it has not been transferred to the private sector from the public sector.
On May 16th, 2017. See this statement in context.