Inadequate infrastructure in developingcountries is a major constraint on growth. Many governmentsface the challenge of low quality or non-existentinfrastructure, often deriving from insufficient funding,poor planning, or ineffective delivery and maintenance.Public-Private Partnerships (PPPs) can help improve thequality of infrastructure "by vesting control rightswith the private sector, bundling into one contract thedesign, construction, operation, and maintenance of thefacility, and by transferring the risk of cost and timeoverruns to the private partner". Well-structured PPPscreate the right incentives to maintain high performancerecords. They also tend to realign incentives in long-termservice contracts so that responsibility for servicedelivery is transferred to the party with most to gain fromsustained high performance. An appropriate PPP preparationand bidding process leads to a more efficient use ofresources because the private partner will have a stake inthe long-term implications of the cost of theinfrastructure. In addition to these benefits, PPPs offer anopportunity to conduct "more informed and realisticselection procedures" by assessing long-termcommitments and risk and shifting the focus from inputs tooutputs (and even outcomes)