OECD Recommended Policy Framework for Public Works Projects

The OECD Recommended Policy Framework for Public Works Projects provides guidance for planning, implementing, and managing infrastructure projects like roads or bridges. It emphasizes thorough planning, transparency, stakeholder engagement, and cost management to ensure projects deliver value for money. The framework promotes good governance, risk assessment, and environmental considerations, aiming to maximize social and economic benefits while minimizing waste and delays. Overall, it helps governments execute large infrastructure projects efficiently, responsibly, and sustainably for public good.