Infrastructure Public Private Partnerships

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Infrastructure Public-Private Partnerships

Author : Carlos Oliveira Cruz,Rui Cunha Marques
Publisher : Springer Science & Business Media
Page : 189 pages
File Size : 54,9 Mb
Release : 2013-05-18
Category : Law
ISBN : 9783642369100

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Infrastructure Public-Private Partnerships by Carlos Oliveira Cruz,Rui Cunha Marques Pdf

Economic development and social welfare depend on the existence of effective and efficient infrastructure systems, particularly in health, energy, transportation and water, many of which are developed and managed through Public-Private Partnerships (PPPs). However, empirical evidence suggests some pitfalls in the use of these PPP arrangements. This book addresses these issues, focusing on mostly three key questions: How to improve the robustness of the decision-making process leading to the option of PPP? How to improve contract management as the longest phase of the process? How can contracts be improved to accommodate uncertainty and avoid harmful renegotiations? The authors explore the concept of flexible contracts, the uncertainty modeling for improving the robustness of the decision-making process, and develop an overall framework for effective contract management, along with a comprehensive analysis of current renegotiation patterns. The ultimate goal is to improve the contractual performance, as well as the overall infrastructure management and social welfare. ​

Public-Private Partnerships for Infrastructure

Author : E. R. Yescombe,Edward Farquharson
Publisher : Butterworth-Heinemann
Page : 548 pages
File Size : 41,9 Mb
Release : 2018-05-29
Category : Business & Economics
ISBN : 9780081007679

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Public-Private Partnerships for Infrastructure by E. R. Yescombe,Edward Farquharson Pdf

Public-Private Partnerships for Infrastructure - Principles of Policy and Finance, Second Edition explains how public private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives. As the use of public private partnerships continues to develop world-wide, both in the area of public policy and private financing and contracting, the Second Edition of this leading textbook: Captures and explains the latest approaches, providing a comprehensive all-round guide for those on both the public- and private-sector sides of the table Emphasises a step-by-step approach within a comprehensive, cross-referenced format Includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic: no prior knowledge is assumed or required Provides detailed reference points for more experienced practitioners Draws from the authors’ experience and practice in PPP markets worldwide to provide a perspective on practical application of the key underlying principles Includes an extensive glossary of technical and financial terms used in the PPP sector Includes more technical information and a stronger legal perspective than other books Emphasizes a step-by-step approach within a comprehensive, cross-referenced format Expands and updates the historical backgrounds and political contexts of public-private partnerships

Public Private Partnerships

Author : Robert M. Clark,Simon Hakim
Publisher : Springer Nature
Page : 311 pages
File Size : 51,9 Mb
Release : 2019-10-18
Category : Law
ISBN : 9783030246006

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Public Private Partnerships by Robert M. Clark,Simon Hakim Pdf

This book discusses Public-Private Partnerships (PPPs) and their potential to protect and maintain critical infrastructure in a variety of global governmental settings. Critical infrastructure is defined as essential services that underpin and support the backbone of a nation's economy, security, and health. These services include the power used by homes and businesses, drinking water, transportation, stores and shops, and communications. As governmental budgets dwindle, the maintenance of critical infrastructure and the delivery of its related services are often strained. PPPs have the potential to fill the void between government accounting and capital budgeting. This volume provides a survey of PPPs in critical infrastructure, combining theory and case studies to provide a comprehensive view of possible applications. Written by a diverse group of international experts, the chapters detail PPPs across industries such as transportation, social infrastructure, healthcare, emergency services, and water across municipalities from the US to New Zealand to Hong Kong. Chapters discuss objectives and legal requirements associated with PPPs, the potential advantages and limitations of PPPs, and provide guidance as to how to structure a successful PPP for infrastructure investment. This book is of interest to researchers studying public administration, public finance, and infrastructure as well as practitioners and decision makers interested in instituting PPPs in their communities.

Public–Private Partnerships for Infrastructure Development

Author : Raymond E. Levitt,W. Richard Scott,Michael J. Garvin
Publisher : Edward Elgar Publishing
Page : 360 pages
File Size : 43,8 Mb
Release : 2019
Category : BUSINESS & ECONOMICS
ISBN : 9781788973182

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Public–Private Partnerships for Infrastructure Development by Raymond E. Levitt,W. Richard Scott,Michael J. Garvin Pdf

Large infrastructure projects often face significant cost overruns and stakeholder fragmentation. Public-Private Partnerships (PPPs) allow governments to procure long-term infrastructure services from private providers, rather than developing, financing, and managing infrastructure assets themselves. Aligning public and private interests and institutional logics for decades-long service contracts subject to shifting economic and political contexts creates significant governance challenges. We integrate multiple theoretical perspectives with empirical evidence to examine how experiences from more mature PPP jurisdictions can help improve PPP governance approaches worldwide.

Public-Private Partnerships in Infrastructure

Author : Kumar V. Pratap,Rajesh Chakrabarti
Publisher : Springer
Page : 382 pages
File Size : 50,5 Mb
Release : 2018-01-09
Category : Business & Economics
ISBN : 9789811033551

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Public-Private Partnerships in Infrastructure by Kumar V. Pratap,Rajesh Chakrabarti Pdf

The book provides readers with a clear understanding of infrastructure challenges, how Public‐Private Partnerships (PPP) can help, and their use in practice. Infrastructure bottlenecks are generally considered the most important constraint to growth in many countries worldwide. Historically, infrastructure projects have been financed and implemented by the state. However, owing to the fiscal resource crunch, time and cost over‐runs, and the general poor quality of publicly provided infrastructure, many emerging market governments, including India, have increasingly adopted PPPs with billions of dollars of investment riding on them. The results have been varied – from spectacular airports like the Delhi International Airport Limited with the associated controversy over land use, to the renegotiation of contracts as in the case of Tata Mundra Ultra Mega Power Project. Illustrating concepts with relevant case studies, the book makes the challenges of PPPs understandable to industry and management practitioners as well as students of management, public policy and economics. It is useful to practitioners wishing to avoid the pitfalls in the tricky terrain of PPPs and policymakers wanting guidance in crafting proper incentives. It also helps students gain a holistic and “applied” understanding of this increasingly important and popular model. “Public Private Partnerships (PPPs) in India are currently under stress. A comprehensive treatment of the subject by a long-time and erudite practitioner and a management academic, this book should be useful to students trying to learn the basics, while also being valuable to professionals and policy makers. The book suggests that the Government should hold bidders accountable to their submitted bids, thereby preserving sanctity of contract. This will discourage aggressive bidding which has become a serious and endemic problem. The book also suggests the use of better bidding criteria to mitigate traffic risk in transport projects. Policy makers should pay heed to these suggestions as they consider improvements in the PPP policy regime going forward.”—Arvind Subramanian, Chief Economic Adviser, India/div “For a fast-growing India, infrastructure creation and operation is a great challenge and opportunity. This excellent book combines theory and practice on PPPs, and is very useful for professionals and students alike. With case studies and current developments, the authors bring out issues in India with global experiences as well. A must-read for infrastructure practitioners.”—Shailesh Pathak, Chief Executive (Designate), L&T Infrastructure Development Projects Limited “India’s program of private participation in infrastructure attracted worldwide attention as it became one of the largest programs in emerging markets. As well as the volumes of finance mobilized, it garnered interest because of some of the innovative approaches developed, such as Viability Gap Funding. The Indian PPP story is well captured in this book, which also makes the point that India is seeing project cancellations and failures rise. The authors analyze the factors behind this and point the way to a more robust PPP market that learns from the experiences of the past.”—Clive Harris, Practice Manager, Public-Private Partnerships, World Bank/div

Corruption, Infrastructure Management and Public–Private Partnership

Author : Mohammad Heydari,Kin Keung Lai,Zhou Xiaohu
Publisher : Routledge
Page : 181 pages
File Size : 44,9 Mb
Release : 2021-10-28
Category : Mathematics
ISBN : 9781000465938

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Corruption, Infrastructure Management and Public–Private Partnership by Mohammad Heydari,Kin Keung Lai,Zhou Xiaohu Pdf

Public–Private Partnerships (PPP or 3Ps) allow the public sector to seek alternative funding and expertise from the private sector during procurement processes. Such partnerships, if executed with due diligence, often benefit the public immensely. Unfortunately, Public–Private Partnerships can be vulnerable to corruption. This book looks at what measures we can put in place to check corruption during procurement and what good governance strategies the public sector can adopt to improve the performance of 3Ps. The book applies mathematical models to analyze 3Ps. It uses game theory to study the interaction and dynamics between the stakeholders and suggests strategies to reduce corruption risks in various 3Ps stages. The authors explain through game theory-based simulation how governments can adopt a evaluating process at the start of each procurement to weed out undesirable private partners and why the government should take a more proactive approach. Using a methodological framework rooted in mathematical models to illustrate how we can combat institutional corruption, this book is a helpful reference for anyone interested in public policymaking and public infrastructure management.

Public-private Partnerships

Author : Sidney M. Levy
Publisher : Amer Society of Civil Engineers
Page : 403 pages
File Size : 44,5 Mb
Release : 2011
Category : Technology & Engineering
ISBN : 0784410135

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Public-private Partnerships by Sidney M. Levy Pdf

Levy demystifies public-private partnerships as an innovative solution to the challenges of designing, financing, building, and operating major infrastructure projects.

Public-Private Partnership Projects in Infrastructure

Author : Jeffrey Delmon
Publisher : Cambridge University Press
Page : 269 pages
File Size : 48,7 Mb
Release : 2017-10-12
Category : Business & Economics
ISBN : 9781107194830

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Public-Private Partnership Projects in Infrastructure by Jeffrey Delmon Pdf

Guides policy makers through implementation of public-private partnerships, legal frameworks, institutional arrangements, and mobilizing public and private finance.

Public-Private Partnerships

Author : E. R. Yescombe
Publisher : Elsevier
Page : 368 pages
File Size : 54,8 Mb
Release : 2011-04-01
Category : Business & Economics
ISBN : 0080489575

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Public-Private Partnerships by E. R. Yescombe Pdf

Over the last decade or so, private-sector financing through public-private partnerships (PPPs) has become increasingly popular around the world as a way of procuring and maintaining public-sector infrastructure, in sectors such as transportation (roads, bridges, tunnels, railways, ports, airports), social infrastructure (hospitals, schools, prisons, social housing) public utilities (water supply, waste water treatment, waste disposal), government offices and other accommodation, and other specialised services (communications networks or defence equipment). This book, based on the author's practical experience on the public- and private-sector sides of the table, reviews the key policy issues which arise for the public sector in considering whether to adopt the PPP procurement route, and the specific application of this policy approach in PPP contracts, comparing international practices in this respect. It offers a systematic and integrated approach to financing PPPs within this public-policy framework, and explains the project-finance techniques used for this purpose. The book deals with both the Concession and PFI models of PPP, and provides a structured introduction for those who are new to the subject, whether in the academic, public-sector, investment, finance or contracting fields, as well as an aide memoire for those developing PPP policies or negotiating PPPs. The author focuses on practical concepts, issues and techniques, and does not assume any prior knowledge of PPP policy issues or financing techniques. The book describes and explains: * The different types of PPPs and how these have developed * Why PPPs are attractive to governments * General policy issues for the public sector in developing a PPP programme * PPP procurement procedures and bid evaluation * The use of project-finance techniques for PPPs * Sources of funding * Typical PPP contracts and sub-contracts, and their relationship with the project’s financial structure * Risk assessment from the points of view of the public sector, investors, lenders and other project parties * Structuring the investment and debt financing * The key issues in negotiating a project-finance debt facility. In addition the book includes an extensive glossary, as well as cross-referencing. *Reviews the PPP policy framework and development from an international perspective *Covers public- and private-sector financial analysis, structuring and investment in PPPs *No prior knowledge of project financing required

Public Private Partnerships

Author : Darrin Grimsey,Mervyn Lewis
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 48,8 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781845423438

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Public Private Partnerships by Darrin Grimsey,Mervyn Lewis Pdf

This path-breaking book considers the recent trend for governments to look increasingly to private sector finance, provided by private enterprises constructing and managing public infrastructure facilities in partnership with government bodies. 'The boundaries between the public and private sector are the most important political issue of our time.'

Public Private Partnerships

Author : Veronica Vecchi,Francesca Casalini,Niccolò Cusumano,Velia M. Leone
Publisher : Springer Nature
Page : 167 pages
File Size : 43,6 Mb
Release : 2021-03-17
Category : Political Science
ISBN : 9783030654351

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Public Private Partnerships by Veronica Vecchi,Francesca Casalini,Niccolò Cusumano,Velia M. Leone Pdf

By merging public and private tangible and intangible capitals, Public Private Partnerships contracts (PPP) are fundamental to generate public value and to support economic and social development; in the aftermath of Covid-19 pandemic, they prove critical to pave the way for the recovery. This book is intended to support the co-evolution of the main public and private players involved in PPP contracts for infrastructure and service delivery, by providing principles, based on the academic and professional experience of the authors, that can be applied across sectors and jurisdictions. Drawing on the framework of public-private collaborations at macro, meso and micro level, this book provides a practical perspective on the most relevant legal, financial and contractual issues of PPP contracts for infrastructure and service delivery.

Public-private Partnerships Policy and Practice

Author : H. K. Yong
Publisher : Commonwealth Secretariat
Page : 228 pages
File Size : 42,9 Mb
Release : 2010
Category : Business & Economics
ISBN : 1849290202

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Public-private Partnerships Policy and Practice by H. K. Yong Pdf

Public-Private Partnerships Policy and Practice is a comprehensive reference guide on PPP theory and practice for senior policy-makers and other public sector officials in developing countries. The guide focuses on the key lessons learned - and emerging best practice - from successful and failed PPP transactions over the past thirty years. The guide avoids jargon and explains relevant concepts in non-specialist language. Key points are summarised at the beginning of each section and provide an overall high-level outline. References are provided throughout and at the end of each section to allow the reader to access further information on specific issues.

The Challenge of Public-private Partnerships

Author : Graeme A. Hodge,Carsten Greve
Publisher : Edward Elgar Publishing
Page : 374 pages
File Size : 45,5 Mb
Release : 2005-01-01
Category : Political Science
ISBN : 1845428080

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The Challenge of Public-private Partnerships by Graeme A. Hodge,Carsten Greve Pdf

Análise comparativa sobre parceria público privada e contrato de serviço social nos seguintes locais: Reino Unido, Estados Unidos, Suécia, Dinamarca, Alemanha, Austrália, Ásia.

Economic Analysis and Infrastructure Investment

Author : Edward L. Glaeser,James M. Poterba
Publisher : University of Chicago Press
Page : 479 pages
File Size : 41,7 Mb
Release : 2021-11-11
Category : Business & Economics
ISBN : 9780226800585

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Economic Analysis and Infrastructure Investment by Edward L. Glaeser,James M. Poterba Pdf

"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

International Handbook on Public-Private Partnership

Author : Graeme A. Hodge,Carsten Greve,Anthony E. Boardman
Publisher : Edward Elgar Publishing
Page : 656 pages
File Size : 52,5 Mb
Release : 2010-11-30
Category : Business & Economics
ISBN : 9781849804691

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International Handbook on Public-Private Partnership by Graeme A. Hodge,Carsten Greve,Anthony E. Boardman Pdf

Public Private Partnerships (PPPs) promise much and present an exciting policy option. Yet as this Handbook reveals there is still much debate about the meaning of partnership, and the degree to which potential advantages are in fact being delivered. In this timely Handbook, leading scholars from around the world explore the challenges presented by infrastructure PPPs, and contemplate what lies ahead as governments balance the need to provide innovative new infrastructure against the requirement for good public governance. This Handbook builds on a range of exciting theoretical lenses that span several disciplinary boundaries. It presents innovative insights and informed perspectives from an international base of empirical evidence. This essential Handbook will prove an invaluable reference work for academics, advanced post-graduate students and commentators of PPPs, as well as professionals, infrastructure regulators and government policy advisors.