Traditional infrastructure procurement
Glossary of Capital Budgeting and Infrastructure Governance, published by the Organisation for Economic Co-operation and Development (OECD) in 2018, defines Traditional infrastructure procurement (TIP) as: ‘Public works refer to the acquisition by government of infrastructure such as roads and buildings (i.e. hospital buildings, school buildings). Usually government specifies the design requirements of the capital asset. A private company builds and subsequently transfers it to government, who then operates the asset.’
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