Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF Download

Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Author: Great Britain. National Audit Office
Publisher:
ISBN:
Category : Contracts
Languages : en
Pages : 62

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Book Description
The Private Finance Initiative (PFI) is a major form of Government procurement for a wide range of public services, including hospitals, prisons, roads, computer systems and government accommodation. There are over 400 PFI contracts currently in force which commit departments to future expenditure of about £100 billion. This report highlights key issues which authorities need to consider when developing and managing relationships with PFI contractors. It is based on a survey of 121 central government PFI projects in progress. The survey was undertaken in 2000 and included the views of authorities and contractors. Key recommendations made include: the importance of a partnership approach between authorities and contractors; authorities should give attention at an early stage in the procurement process to contract management issues; and the need for appropriate procedures for dealing with contract changes.

Author: Jane Beckett-Camarata
Publisher: Emerald Group Publishing
ISBN: 1839096543
Category : Political Science
Languages : en
Pages : 276

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Book Description
Through the introduction of a new lens through which to view infrastructure finance policy, this book analyses the role of Public Private Partnerships within the context of long-term capital investment and improvement planning, and as a critical aspect of effective long-term capital infrastructure finance policy.

Author: Akintola Akintoye
Publisher: John Wiley & Sons
ISBN: 0470680431
Category : Technology & Engineering
Languages : en
Pages : 448

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Book Description
Public Private Partnership is a key issue in the construction industry – causing much concern among contractors, funders and facility managers. Demand has been building for a thorough analysis ... This edited book will familiarise both researchers and construction professionals working with public private partnerships (PPP) with the issues involved in the planning, implementation and day-to-day management of public private projects. It will show how current risk management methods can help the complex process of managing procurement via such partnerships. The chapters - most authored by a practitioner/academic partnership - are organised round the concepts of best value and use the findings of a major research project investigating Risk Assessment and Management in Private Finance Initiative Projects. The analysis of this research will be supplemented with contributions by leading international experts from Hong Kong, Australia and Singapore, covering hospitals, schools, waste management and housing - to exemplify best practice in PPP-based procurement.

Author: Harry Anthony Patrinos
Publisher: World Bank Publications
ISBN: 0821379038
Category : Education
Languages : en
Pages : 116

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Book Description
The book offers an overview of international examples, studies, and guidelines on how to create successful partnerships in education. PPPs can facilitate service delivery and lead to additional financing for the education sector as well as expanding equitable access and improving learning outcomes.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292629417
Category : Political Science
Languages : en
Pages : 231

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Book Description
The Government of Pakistan strongly supports public–private partnership (PPP) initiatives. From 1990 to 2019, Pakistan witnessed 108 financially closed PPP projects, with a total investment of approximately $28.4 billion. About 88% of these projects are in the energy sector, attracting more than $24.7billion, followed by investments in the port sector. In early 2021, Parliament approved the amendments to the 2017 PPP Law, enacting the Public Private Partnership Authority (Amendment) Act 2021. This further strengthens the enabling legal and regulatory framework for developing and implementing PPPs, thereby promoting private sector investment in public infrastructure and related services.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9290928514
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
The Public-Private Partnership Operational Plan 2012-2020 provides a consistent analytical and operational framework for scaling up public-private partnerships (PPPs) in support of Strategy 2020. The PPP operations of the Asian Development Bank (ADB) are based on four pillars: (i) advocacy and capacity development, (ii) enabling environment, (iii) project development, and (iv) project financing. Applying PPP principles holistically to ADB operations holds the potential to vastly improve the quality of design and outputs of PPP projects in support of Strategy 2020 targets. It also provides ADB with an opportunity to significantly leverage its limited resources in attracting private sector investments and commercial financing to meet the Asia and Pacific region's huge and growing infrastructure investment needs.

Author: Graeme A. Hodge
Publisher: Edward Elgar Publishing
ISBN: 9781845428082
Category : Political Science
Languages : en
Pages : 374

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

Author: Simon Hakim
Publisher: Springer Nature
ISBN: 3031046285
Category : Law
Languages : en
Pages : 328

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Book Description
​Second in a two-volume set, this book discusses the role of public-private partnerships (PPPs) in global transportation infrastructure, specifically focusing on roads, bridges, and parking. To provide vital services in an era of shrinking government budgets, public-private partnerships have become an increasingly important part of travel infrastructure worldwide. This book describes and analyses the structure of various models of PPPs in several countries, evaluating their effectiveness, and drawing policy implications for future use. The chapters were written by leading international researchers and practitioners in the transportation field where each chapter is a case study on the adoption, implementation, and outcome of transportation services. Taken together, these diverse case studies provide an integrated framework for evaluating, using PPPs, and suggesting policy implications to both the public and the private sectors in transportation. Providing rigorous empirical analysis of PPPs in transportation, this volume will be of interest to researchers in public administration, political science, public choice, and economics as well as practitioners and policymakers involved in establishing and monitoring PPPs in transportation.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9290926856
Category : Business & Economics
Languages : en
Pages : 133

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Book Description
This report is a diagnostic assessment of the readiness of Cambodia to develop and manage public-private partnerships (PPPs). It was prepared jointly with the Agence Française de Développement (AFD), and it is part of a series of studies being prepared by the Southeast Asia Department of the Asian Development Bank (ADB). The study sets out the development strategy context for PPPs, reviews the enabling environment, and provides a gap analysis of current arrangements relative to international best practices. The analysis considers arrangements that can be put in place at the national and subnational levels, and identifies areas where AFD and ADB could provide assistance. The preparation of this assessment is an integral part of ADB's planning process to ensure coordination between the government’s priorities and those of ADB, especially as regards ADB's Strategy 2020 and the PPP Operational Plan.