ITF Roundtable Reports Public Private Partnerships for Transport Infrastructure Renegotiation and Economic Outcomes e-bog
223,05 DKK
(inkl. moms 278,81 DKK)
Public-private partnerships (PPPs) are an important vehicle for private participation in infrastructure investment, delivery and management. Renegotiations are an integral part of the PPP process but their prevalence varies markedly in different parts of the world. Renegotiations can be usefully employed to adjust the PPP contract to unforeseeable events, beyond the control of contractual parti...
E-bog
223,05 DKK
Forlag
OECD
Udgivet
24 februar 2017
Længde
156 sider
Genrer
Transport industries
Sprog
English
Format
pdf
Beskyttelse
LCP
ISBN
9789282108130
Public-private partnerships (PPPs) are an important vehicle for private participation in infrastructure investment, delivery and management. Renegotiations are an integral part of the PPP process but their prevalence varies markedly in different parts of the world. Renegotiations can be usefully employed to adjust the PPP contract to unforeseeable events, beyond the control of contractual parties. There is also a danger, however, that they will be used to change the initial balance of costs and benefits in the contract.The purpose of this report was to provide an overview of the nature of PPP renegotiations in different regions of the world and at different times to help understand when PPP contract renegotiations are desirable and when they are not. In general it is concluded that when contracts are set up well, renegotiations should be few and far between.