Public Private Partnerships for Transport Infrastructure: Renegotiation and Economic Outcomes

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 emp...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Körperschaft: International Transport Forum (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2017
Schriftenreihe:ITF Roundtable Reports
Schlagworte:
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Zusammenfassung: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
Beschreibung:1 Online-Ressource (156 Seiten) 21 x 28cm
ISBN:9789282108130
DOI:10.1787/9789282108130-en

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