Strategic Issues in Public-Private Partnerships.
Geert. Dewulf
Bok Engelsk 2012 · Electronic books.
| Omfang | 1 online resource (197 pages)
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| Utgave | 2nd ed.
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| Opplysninger | Intro -- Strategic Issues in Public-Private Partnerships -- Contents -- Glossary -- Acknowledgments -- Introduction -- 1 The Emergence of Concessions -- 1.1 The rise of public-private partnerships -- 1.1.1 New Public Management -- 1.1.2 The impact of NPM on the provision of public infrastructure -- 1.2 Different forms of public-private partnerships -- 1.2.1 The public-private spectrum -- 1.2.2 Typology and explanation -- 1.3 Concessions -- 1.3.1 History -- 1.3.2 Definitions -- 1.3.3 Motives -- 1.3.4 Explanation: Value for Money -- 1.4 Overview -- 2 Procurement of Concessions -- 2.1 Procurement strategies -- 2.1.1 Procurement types -- 2.2 The concession structure -- 2.2.1 Government role -- 2.2.2 Special Purpose Vehicle -- 2.2.3 Financing sources -- 2.3 Decision-making process -- 2.4 Tendering concessions -- 2.4.1 Market consultation or request for information (RFI) -- 2.4.2 Request for (pre)qualification (RFQ) -- 2.4.3 Invitation to tender or request for proposal (RFP) -- 2.4.4 Tender evaluation and short listing -- 2.4.5 Negotiation with short-listed tenders -- 2.4.6 Selection of the tender, award of concession, and financial close -- 2.5 Institutional procurement guidelines -- 2.5.1 European directives -- 2.5.2 Directives in the USA -- 2.5.3 The role of the institutional context in PPP developments -- 2.6 Contracts and cooperation -- 3 Infrastructure Concessions -- 3.1 Overview of developments -- 3.1.1 United Kingdom -- 3.1.2 Spain -- 3.1.3 Portugal -- 3.1.4 United States of America -- 3.1.5 Other global examples of PPP in economic infrastructure -- 3.2 International comparison -- 3.3 Lessons learnt -- 4 Social Infrastructure -- 4.1 Overview of development of concessions in health -- 4.1.1 United Kingdom -- 4.1.2 Reflections on social infrastructure concessions -- 4.1.3 Australia.. - 4.2 Explanation of the similarities and differences between countries -- 4.3 Lessons learned and challenges -- 5 Concession PPPs and Flexibility -- 5.1 The incompleteness of contracts -- 5.2 Flexibility in hospital concessions -- 5.2.1 Changes in catchment's population -- 5.2.2 Changes in medical technologies -- 5.2.3 Changes in policies -- 5.2.4 Design flexibility -- 5.2.5 Service flexibility -- 5.3 The way forward -- 6 Economic Context and Concessions -- 6.1 Financing of concessions -- 6.2 Project finance -- 6.2.1 Finance structure -- 6.2.2 Differences between financing economic and social infrastructure concessions -- 6.2.3 Refinancing -- 6.2.4 Banks versus bonds -- 6.3 The influence of the economic situation on concessions -- 6.3.1 Effects credit crisis on concession projects -- 6.3.2 Changes in concession processes -- 6.3.3 Strategies for changing economic situations -- 6.4 Looking forward -- 7 Concessions and the Public Interest -- 7.1 Introduction -- 7.2 Public interest and concessions -- 7.2.1 Safeguarding the public interest? -- 7.2.2 Concessions and the public interest -- 7.3 Institutional arrangements to safeguard the public interest -- 7.4 Project governance strategies and the public interest -- 8 Value for Money Revisited -- 8.1 Value for Money: an introduction -- 8.2 Ex-ante VFM assessment: the Public Sector Comparator -- 8.2.1 Calculating the PSC -- 8.2.2 Risks in assessing VFM by the PSC -- 8.3 Criticisms of VFM assessment using the PSC -- 8.3.1 The restricted measurement scope of the PSC -- 8.3.2 Imperfect assessment methods in PSC benchmarking -- 8.3.3 Propositions for ex-post VFM assessment methods -- 8.4 Concessions evaluated -- 8.4.1 Macro-economic effects -- 8.4.2 Political motives -- 8.4.3 State of the infrastructure -- 8.4.4 Side effects -- 8.5 Defining an improved VFM framework.. - 8.5.1 VFM: focus on risks and uncertainties -- 8.5.2 VFM: an improved framework for monitoring and ex-post evaluation -- 9 Conclusion - PPPs and Future Developments -- 9.1 Concession arrangements in perspective -- 9.1.1 Concession PPPs: a worldwide concept -- 9.1.2 The debate on concession PPPs -- 9.2 Concession arrangements revisited -- 9.3 Towards a successful implementation of concession PPPs -- 9.3.1 Strategy should follow structures -- 9.3.2 Bundling and portfolio partnerships -- 9.3.3 Focus on relationship building -- 9.4 The future of concession PPPs -- 9.4.1 A new business model -- 9.4.2 Opportunities for extending the concession policy -- 9.5 Research and education on concessions -- References -- Index.. - Managing PPP projects is not a routine job, as every PPP project is different and should be managed accordingly. These projects require considerable capability and skills from both public sector and private sector managers involved, Strategic Issues in Public Private Partnerships, Second Edition, delivers the insight and tools necessary to assist those managers. As Public private partnership (PPP) arrangements become an increasingly popular way for national governments to fund and develop public infrastructure and urban areas with private sector contributions, a better understanding of the risks involved is crucial. The second edition of Strategic Issues in Public Private Partnerships : Provides an international overview of the application of concessions - the most common form of PPP [eg PFI (Private Finance Initiative); BO(O)T (Build/Own/Operate/Transfer) or DBFMO (Design/Build/Finance/ Maintain/Operate)]. Focusses on the introduction of concessions and the problems encountered, the solutions found for these problems, and the different approaches to concessions chosen across different countries. Provides a strategic overview for those involved in setting up and managing PPP projects. Illustrates lessons from different national backgrounds and gives managers the insight and tools to manage PPP projects effectively. Essential reading for Contractors & funding organizations involved in PPP projects as well as Researchers in construction management and public administration.
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| ISBN | 9781119968276
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