Risk Pricing Strategies For Public Private Partnership Projects

Download Risk Pricing Strategies For Public Private Partnership Projects full books in PDF, epub, and Kindle. Read online Risk Pricing Strategies For Public Private Partnership Projects ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Risk Pricing Strategies for Public-Private Partnership Projects

Author : Abdelhalim Boussabaine
Publisher : John Wiley & Sons
ISBN 13 : 1405177926
Total Pages : 293 pages
Book Rating : 4.4/5 (51 download)

DOWNLOAD NOW!

Book Synopsis Risk Pricing Strategies for Public-Private Partnership Projects by : Abdelhalim Boussabaine

Download or read book Risk Pricing Strategies for Public-Private Partnership Projects written by Abdelhalim Boussabaine and published by John Wiley & Sons. This book was released on 2013-12-16 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk Pricing Strategies for Public-Private Partnership Projects Innovation in the Built Environment The complexity of public–private partnership (PPP) project procurement requires an effective process for pricing, managing and appropriate allocation of risks. The level at which risk is priced and the magnitude of risks transferred to the private sector will have a significant impact on the cost of the PPP deals as well as on the value for money analysis and on the selection of the optimum investment options. The construction industry tends to concentrate on the effectiveness of risk management strategies and to some extent ignores the price of risk and its impact on whole life cost of building assets. There is a pressing need for a universal framework for the determination of fair value of risks throughout the PPP procurement processes. Risk Pricing Strategies for Public–Private Partnership Projects addresses the issues of risk pricing and demonstrates the use of a coherent strategy to arrive at a fair risk price. The focus of the book is on providing risk pricing strategies to maximise return on risk retention and allocation in the procurement of PPP projects. With its up-to-date coverage of the latest developments in risk pricing, and comprehensive treatment of the methodologies involved in designing and building risk pricing strategies, the book offers a simple model for pricing risks. The book follows a thematic structure: PPP processes map; risk, uncertainty and bias; risk pricing management strategies; risk pricing measurement and modelling; risk pricing at each of the project life-cycle stages – and deals with all the important risk pricing issues, using relevant real-world situations through case study examples. It explains how the theory and strategies of risk pricing can be successfully applied to real PPP projects and reflects the broad understanding required by today’s project risk analysts, in their new and important role in PPP contract management. Also in the IBE series Managing Change in Construction Projects Senaratne & Sexton 978 14443 3515 6 Innovation in Small Professional Practices in the Built Environment Lu & Sexton 978 14051 9140 1 Other books of interest Urban Infrastructure: Finance and Management Wellman & Spiller 978 0 470 65635 8 Project Finance for Construction and Infrastructure Pretorius, Chung-Hsu, McInnes, Lejot & Arner Construction Supply Chain Management Pryke 978 14051 5844 2 Policy, Finance & Management for Public-Private Partnerships Edited by Akintoye & Beck 978 14051 7791 7 Strategic Issues in Public-Private Partnerships, 2nd Edition Dewulf, Blanken & Bult-Spiering 978 0 470 65635 8

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Author : Manal Fouad
Publisher : International Monetary Fund
ISBN 13 : 1513576569
Total Pages : 61 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Mastering the Risky Business of Public-Private Partnerships in Infrastructure by : Manal Fouad

Download or read book Mastering the Risky Business of Public-Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Policy, Management and Finance of Public-Private Partnerships

Author : Akintola Akintoye
Publisher : John Wiley & Sons
ISBN 13 : 1444301438
Total Pages : 504 pages
Book Rating : 4.4/5 (443 download)

DOWNLOAD NOW!

Book Synopsis Policy, Management and Finance of Public-Private Partnerships by : Akintola Akintoye

Download or read book Policy, Management and Finance of Public-Private Partnerships written by Akintola Akintoye and published by John Wiley & Sons. This book was released on 2009-01-26 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines some of the key policy, financial and managerialaspects of public-private partnerships within the context of theglobal spread of this form of procurement. The chapters investigate political and institutional issuessurrounding PPPs, together with the financial and managerialstrategies employed by the private sector. Adopting across-disciplinary perspective, the book highlights the oftenpolitically sensitive nature of these projects and identifies aneed for the private sector to investigate a broad set ofparameters which relate to the particular political economy ofindividual partnerships. Policy, Finance & Management for Public-Private Partnershipscovers a range of specific issues, including: partnerships indeveloping countries; innovation in partnership-based procurement;government and business interaction; institutional andorganisational approaches to facilitating partnership; project andcorporate financing; risk and value management; market analysis,modelling and forecasting; capital structure decisions andmanagement; investment theory and practice; pricing and costevaluation; statutory regulations and their financial implications;option pricing; financial monitoring; syndicate funding; new rolesfor the financial and insurance sectors; institutional andmultilateral funding; payment mechanisms; concession perioddetermination; risk analysis and management; whole life valuemethodology; cost comparators and best value; team building, teamwork and skill development. Contributions from Australia, Europe, the Far East, South Africaand the United States together present the current thinking andstate-of-the-art approaches to public-private partnerships.

The Logic of Public–Private Partnerships

Author : Graeme A. Hodge
Publisher : Edward Elgar Publishing
ISBN 13 : 1784716693
Total Pages : 304 pages
Book Rating : 4.7/5 (847 download)

DOWNLOAD NOW!

Book Synopsis The Logic of Public–Private Partnerships by : Graeme A. Hodge

Download or read book The Logic of Public–Private Partnerships written by Graeme A. Hodge and published by Edward Elgar Publishing. This book was released on 2019 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines Public–Private Partnerships (PPP), and tracks the movement from early technical optimism to the reality of PPP as a phenomenon in the political economy. Today's economic turbulence sees many PPP assumptions changed: what contracts can achieve, who bears the real risks, where governments get advice and who invests. As the gap between infrastructure needs and available financing widens, governments and businesses both must seek new ways to make contemporary PPP approaches work.

Public-Private Partnerships

Author : E. R. Yescombe
Publisher : Elsevier
ISBN 13 : 0080489575
Total Pages : 357 pages
Book Rating : 4.0/5 (84 download)

DOWNLOAD NOW!

Book Synopsis Public-Private Partnerships by : E. R. Yescombe

Download or read book Public-Private Partnerships written by E. R. Yescombe and published by Elsevier. This book was released on 2011-04-01 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Economic Analysis and Infrastructure Investment

Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 022680058X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

DOWNLOAD NOW!

Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--

Risk Management Strategies in Public-Private Partnerships

Author : Obicci, Peter Adoko
Publisher : IGI Global
ISBN 13 : 1522525041
Total Pages : 383 pages
Book Rating : 4.5/5 (225 download)

DOWNLOAD NOW!

Book Synopsis Risk Management Strategies in Public-Private Partnerships by : Obicci, Peter Adoko

Download or read book Risk Management Strategies in Public-Private Partnerships written by Obicci, Peter Adoko and published by IGI Global. This book was released on 2017-03-03 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments around the globe are facing a new framework of service delivery as public-private partnerships become more prevalent. Characterized as an innovative tool for change, this area of socio-economic development is transforming the world economy. Risk Management Strategies in Public-Private Partnerships is an essential reference source for the latest scholarly research on recent developments on the relationships between public agencies and private sectors, and frameworks for effectively managing risk factors. Featuring extensive coverage on a wide variety of topics and perspectives such as service delivery, sustainability, and contractual design, this publication is ideally designed for policy makers, students, and professionals seeking current research on ways to manage problems and challenges in contractual partnerships.

Risk Pricing Inefficiency in Public-Private Partnerships

Author : Dejan Makovšek
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!

Book Synopsis Risk Pricing Inefficiency in Public-Private Partnerships by : Dejan Makovšek

Download or read book Risk Pricing Inefficiency in Public-Private Partnerships written by Dejan Makovšek and published by . This book was released on 2018 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a drive towards delivering and operating public infrastructure through public-private partnership rather than traditional public procurement. The assessment of the value for money achieved by the two alternative approaches rests in the cost of financing and their efficiency in delivery and operation. This paper focuses on the cost of financing, in particular the cost associated with transferring risk from the public to private sphere. If capital markets were efficient and complete, the cost of public (government) and private financing should be the same, with the relative delivery and operational efficiency remaining as the primary determinant of value for money. Evidence suggests, however, that the risk transfer to a public-private partnership entails an inefficient risk pricing premium which goes beyond the direct cost of financing. We argue that a high price for public-private partnerships results from large risk transfers, risk treatment within the private sector, and uncertainty around the past and future performance of public-private consortia. The corollary is that the efficiency gains from a public-private partnership must be much higher than commonly expected to deliver a greater value for the money than under a traditional approach.

Public-Private Partnerships

Author : Akintola Akintoye
Publisher : John Wiley & Sons
ISBN 13 : 0470680431
Total Pages : 448 pages
Book Rating : 4.4/5 (76 download)

DOWNLOAD NOW!

Book Synopsis Public-Private Partnerships by : Akintola Akintoye

Download or read book Public-Private Partnerships written by Akintola Akintoye and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Discount Rates for the Evaluation of Public Private Partnerships

Author : David F. Burgess
Publisher : John Deutsch Inst Study of Eco Policy
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4.3/5 (555 download)

DOWNLOAD NOW!

Book Synopsis Discount Rates for the Evaluation of Public Private Partnerships by : David F. Burgess

Download or read book Discount Rates for the Evaluation of Public Private Partnerships written by David F. Burgess and published by John Deutsch Inst Study of Eco Policy. This book was released on 2010 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the world saw an unprecedented use of public-private partnerships (PPPs) for the delivery of public services, many of which succeeded in improving the efficiency of the delivery of public services. This book evaluates all aspects of PPPs in order to determine their overall value for money.

How to Control the Fiscal Costs of Public-Private Partnerships

Author : Mr.Timothy C Irwin
Publisher : International Monetary Fund
ISBN 13 : 1484380924
Total Pages : 14 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis How to Control the Fiscal Costs of Public-Private Partnerships by : Mr.Timothy C Irwin

Download or read book How to Control the Fiscal Costs of Public-Private Partnerships written by Mr.Timothy C Irwin and published by International Monetary Fund. This book was released on 2018-10-16 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note discusses what finance ministries can do to ensure that public-private partnerships (PPPs) are used wisely. By inviting private participation in infrastructure development and service provision, PPPs can help improve public services. Yet, strong governance institutions are needed to manage risks and avoid unexpected costs from PPPs. While in the short term, PPPs may appear cheaper than traditional public investment, over time they can turn out to be more expensive and undermine fiscal sustainability, particularly when governments ignore or are unaware of their deferred costs and associated fiscal risks. To use PPPs wisely governments should (1) develop and implement clear rules for their use; (2) identify, quantify, and disclose PPP risks and expected costs; and (3) reform budget and government accounting frameworks to capture all fiscal costs comprehensively.

The Role and Impact of Public-private Partnerships in Education

Author : Harry Anthony Patrinos
Publisher : World Bank Publications
ISBN 13 : 0821379038
Total Pages : 116 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!

Book Synopsis The Role and Impact of Public-private Partnerships in Education by : Harry Anthony Patrinos

Download or read book The Role and Impact of Public-private Partnerships in Education written by Harry Anthony Patrinos and published by World Bank Publications. This book was released on 2009-01-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The World Bank Research Observer

Author :
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!

Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public-Private Partnership Projects in Infrastructure

Author : Jeffrey Delmon
Publisher : Cambridge University Press
ISBN 13 : 1139494716
Total Pages : 257 pages
Book Rating : 4.1/5 (394 download)

DOWNLOAD NOW!

Book Synopsis Public-Private Partnership Projects in Infrastructure by : Jeffrey Delmon

Download or read book Public-Private Partnership Projects in Infrastructure written by Jeffrey Delmon and published by Cambridge University Press. This book was released on 2011-01-31 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, healthcare, and achieving many of the goals of a robust economy. But infrastructure is difficult for the public sector to get right. Public-private partnerships (PPPs) can help; they provide more efficient procurement, focus on consumer satisfaction and life cycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own. This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs, providing a step-by-step analysis of the development of PPP projects, and explaining how PPP financing works, what PPP contractual structures look like, and how PPP risk allocation works in practice. It includes specific discussion of each infrastructure sector, with a focus on the strategic and policy issues essential for successful development of infrastructure through PPPs.

Cost Planning of PFI and PPP Building Projects

Author : Abdelhalim Boussabaine
Publisher : Routledge
ISBN 13 : 1134224877
Total Pages : 296 pages
Book Rating : 4.1/5 (342 download)

DOWNLOAD NOW!

Book Synopsis Cost Planning of PFI and PPP Building Projects by : Abdelhalim Boussabaine

Download or read book Cost Planning of PFI and PPP Building Projects written by Abdelhalim Boussabaine and published by Routledge. This book was released on 2013-04-03 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This topical and timely book presents and innovative approach to dealing with the complexities of cost planning in PFI. PFI/PPP projects have a significantly different costing environment from conventionally procured projects, requiring cost analysts to use their expertise and innovative thinking to develop whole-life cost solutions that deliver value for money to the client, thus improving public building assets performance. Abdelhalim Boussabaine provides a thorough grounding in the theory of PFI, from its early evolution through to examples of current projects. In particular, the rationale for private financing of public services, arguments for and against PFI and 'value for money' mechanisms are discussed. The book presents an innovative framework for whole-life value and calls for changes in the way whole life cycle value is perceived, created and exchanged. Cost Planning of PFI and PPP Building Projects provides the reader with existing knowledge as well as present innovative thinking for future development and management of PFI/PPP cost planning processes. Given the importance and novelty of this book, academics, professionals, undergraduate and postgraduate students will find this book valuable.

Public Private Partnerships

Author : Veronica Vecchi
Publisher : Springer Nature
ISBN 13 : 3030654354
Total Pages : 167 pages
Book Rating : 4.0/5 (36 download)

DOWNLOAD NOW!

Book Synopsis Public Private Partnerships by : Veronica Vecchi

Download or read book Public Private Partnerships written by Veronica Vecchi and published by Springer Nature. This book was released on 2021-03-17 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Guidebook on Promoting Good Governance in Public-private Partnerships

Author : United Nations. Economic Commission for Europe
Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Guidebook on Promoting Good Governance in Public-private Partnerships by : United Nations. Economic Commission for Europe

Download or read book Guidebook on Promoting Good Governance in Public-private Partnerships written by United Nations. Economic Commission for Europe and published by . This book was released on 2008 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guidebook offers training modules for the promotion of public-private partnerships in the delivery of public services. PPPs in theory are supposed to combine the best of both worlds. The private sector with its resources, management skills and technology; and the public sector with its regulatory actions and protection of the public interest provide a balance in delivering public service. PPPs though are also complex in nature, requiring different types of skills and new enabling institutions and they lead to changes in the status of public sector jobs. To work well, they require "good governance", that is, well-functioning institutions, transparent, efficient procedures and accountable and competent public and private sectors. This guidebook therefore seeks to elaborate best practice and is aimed at policymakers, government officials and the private sector.