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Public-Private Partnerships

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

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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

Cost Planning of PFI and PPP Building Projects

Author : Abdelhalim Boussabaine
Publisher : Routledge
ISBN 13 : 1134224885
Total Pages : 336 pages
Book Rating : 4.1/5 (342 download)

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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 336 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.

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)

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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.

Public-Private Partnerships

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

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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.

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)

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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.

Public Private Partnerships in Construction

Author : Duncan Cartlidge
Publisher : Routledge
ISBN 13 : 1134224958
Total Pages : 264 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Public Private Partnerships in Construction by : Duncan Cartlidge

Download or read book Public Private Partnerships in Construction written by Duncan Cartlidge and published by Routledge. This book was released on 2006-09-27 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collaborative working and partnering between the public and private sectors has been fairly standard practice in some form or other for over 100 years, but it is only in recent years that it has become more prevalent. In the UK, it is little more than ten years since the most widely known Public Private Partnership (PPP), the Private Finance Initiative (PFI), was launched and yet it has already been described by some as 'the new economic paradigm.' Public Private Partnerships in Construction is an authoritative and objective source of information on PPPs, including lessons to be learnt from the past decade, as well as coverage of their spread beyond the UK to governments in areas as diverse as Cambodia and California. With its detailed presentation of current issues, illustrated with case studies, this book provides a valuable practical resource for a range of students and professionals.

International Handbook on Public-Private Partnership

Author : Graeme A. Hodge
Publisher : Edward Elgar Publishing
ISBN 13 : 1849804699
Total Pages : 656 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis International Handbook on Public-Private Partnership by : Graeme A. Hodge

Download or read book International Handbook on Public-Private Partnership written by Graeme A. Hodge and published by Edward Elgar Publishing. This book was released on 2010-11-30 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Governance and Knowledge Management for Public-Private Partnerships

Author : Herbert Robinson
Publisher : John Wiley & Sons
ISBN 13 : 9781444318753
Total Pages : 264 pages
Book Rating : 4.3/5 (187 download)

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Book Synopsis Governance and Knowledge Management for Public-Private Partnerships by : Herbert Robinson

Download or read book Governance and Knowledge Management for Public-Private Partnerships written by Herbert Robinson and published by John Wiley & Sons. This book was released on 2009-12-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The book not only gives a clear picture of the policy andstrategic framework of PFI/PPP projects, the governance andknowledge management issues through different phases from planning,design development to operation and service delivery and theprocesses associated with each phase, but practical tools,methodologies and capabilities needed to deliver PFI/PPP projectsin a range of sectors are also explained. It clearly demonstratesthe key imperatives that are the hallmark of successful programmesand projects no matter what there method of funding or delivery. I have no doubt that, in undertaking the programmes and projectsthat I am responsible for delivering and in undertaking OGC GatewayReviews, to support clients delivering their own programmes andprojects, I will draw on the material contained in thisbook." —From the Foreword by Rob Smith, Director of GatewayReviews and Estates & Facilities, Department of Health There is a growing demand worldwide for transport, healthcare,education, energy and water infrastructure. However, governmentresources are often insufficient to meet the needs of new projectsand to upgrade existing infrastructure. Private participation inpublic infrastructure is therefore increasing but the respectiveroles of the public and private sectors are the subject of intensedebate. This has led to renewed interest in public-privatepartnerships in developed and developing countries. Governance and Knowledge Management for Public-PrivatePartnerships shows how effective governance and knowledgemanagement can improve the performance of PFI/PPP projects. Itprovides an in-depth understanding of different dimensions ofgovernance and how they affect project management structure,processes, and decision-making ability of actors and teams involvedin PFI/PPP projects. The role of knowledge management strategy, theneed for benchmarking knowledge management efforts, specific toolsand methodologies for capturing, sharing and applying knowledge toaccelerate learning and capacity building are also examined. The book is essential reading for all those involved in PFI/PPPprojects, including policy makers, industry practitioners,academics and students. The practical tools for governance andknowledge management it offers make this book particularly usefulfor consultants, contractors and client organisations.

Public Private Partnerships

Author : Darrin Grimsey
Publisher : Edward Elgar Publishing
ISBN 13 : 1845423437
Total Pages : 284 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis Public Private Partnerships by : Darrin Grimsey

Download or read book Public Private Partnerships written by Darrin Grimsey and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.'

The World Bank Research Observer

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

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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 and Private Finance Initiative for Infrastructure Projects

Author : Faizul Adli Mohd. Rahim
Publisher :
ISBN 13 : 9789831008942
Total Pages : 104 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Public-private Partnership and Private Finance Initiative for Infrastructure Projects by : Faizul Adli Mohd. Rahim

Download or read book Public-private Partnership and Private Finance Initiative for Infrastructure Projects written by Faizul Adli Mohd. Rahim and published by . This book was released on 2017 with total page 104 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)

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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.

Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264046739
Total Pages : 145 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money by : OECD

Download or read book Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money written by OECD and published by OECD Publishing. This book was released on 2008-05-21 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights good practices and summarises what countries should consider before entering into public-private partnerships (PPPs).

Handbook on Public–Private Partnerships in International Infrastructure Development

Author : Stewart R. Clegg
Publisher : Edward Elgar Publishing
ISBN 13 : 1839102764
Total Pages : 535 pages
Book Rating : 4.8/5 (391 download)

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Book Synopsis Handbook on Public–Private Partnerships in International Infrastructure Development by : Stewart R. Clegg

Download or read book Handbook on Public–Private Partnerships in International Infrastructure Development written by Stewart R. Clegg and published by Edward Elgar Publishing. This book was released on 2024-10-03 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook systematically compares public-private partnerships (PPPs) from across the globe to examine factors that have contributed to their success or failure. The editors have brought together an international range of experts to produce richly detailed accounts of the various ways in which PPPs are conducted.

Lessons from PFI and other projects

Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102969672
Total Pages : 36 pages
Book Rating : 4.9/5 (696 download)

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Book Synopsis Lessons from PFI and other projects by : Great Britain: National Audit Office

Download or read book Lessons from PFI and other projects written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2011-04-28 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lessons from the experience of using PFI can be applied to improve other forms of procurement and help Government achieve its aim of securing annual infrastructure delivery cost savings of £2 billion to £3 billion. To secure the best value for money from all types of procurement, the public sector needs to develop skills the NAO has identified. These are collecting better data to inform decision-making; ensuring projects have the right skills; establishing effective arrangements to test, challenge and, if necessary, stop projects; and using commercial awareness to obtain better deals. The case for using private finance in public procurement needs to be challenged more. Also, privately financed projects will often still be off balance-sheet which may continue to act as an incentive to use PFI. There has not been a systematic value for money evaluation of operational PFI projects by departments. So there is insufficient data to demonstrate whether the use of private finance has led to better or worse value for money than other forms of procurement. The Treasury and departments should identify alternative methods for delivering infrastructure and related facilities services to maximise value for money for government. The NAO welcomes the current plans of the Treasury and Cabinet Office to strengthen project assurance. The report highlights the need for independent challenge capable of stopping projects which do not give the prospect of value for money. This is particularly important as there is still a shortage of the skills needed to manage and oversee complex major projects.

The Challenge of Public-private Partnerships

Author : Graeme A. Hodge
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845428082
Total Pages : 374 pages
Book Rating : 4.4/5 (28 download)

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Book Synopsis The Challenge of Public-private Partnerships by : Graeme A. Hodge

Download or read book The Challenge of Public-private Partnerships written by Graeme A. Hodge and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Análise comparativa sobre parceria público privada e contrato de serviço social nos seguintes locais: Reino Unido, Estados Unidos, Suécia, Dinamarca, Alemanha, Austrália, Ásia.

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)

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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.