The first PPP model has been in use since 2000 and closely resembles the UK’s PFI model (also known as ‘social’ privately funded projects (‘PFPs’) in New South Wales. Under this model, core public services (health, correctional, educational) are delivered by government agencies and associated ancillary services (maintenance, fittings, furniture, equipment, grounds etc) by the consortium. In these arrangements, the government assumes demand risk, guarantees a minimum revenue stream, and pays directly for service provision.