OECD Framework for the Governance of Infrastructure
Poor governance is a major reason why infrastructure projects often fail to meet their timeframe, budget, and service delivery objectives.
This web page presents the 10 dimensions of the framework for the governance of public infrastructure. The dimensions relate to how governments prioritise, plan, budget, deliver, regulate and evaluate infrastructure investment. Each area covers the principal objective of policy in each area, followed by key questions decision makers need to address and indicators identifying the enabling factors.
THE GOVERNANCE CHALLENGES INCLUDE:
Governance challenges are diverse and occur all through the policy cycle
Designing a strategic vision is crucial but difficult
Infrastructure projects are vulnerable to corruption, capture and mismanagement
Political dynamics may undermine sound decision making when identifying priority projects
Consultation is less common in setting an overall vision or prioritising investments
Coordination across levels of government is difficult increasing the risk of wasted resources
Uncertainty of revenue flows and sources can erode confidence in a project’s affordability
Unstable regulatory frameworks can prevent long-term decisions
A lack of systematic data collection on performance undermines evidence-based decision-making
Lack of disclosure of data on contracts reinforces concerns about fraud and lack of transparency
OECD FRAMEWORK - THE 10 MAIN GOVERNANCE CHALLENGES AND POLICY OPTIONS
Establish a national long-term strategic vision to address service needs.