Public-private partnerships : managing risks and opportunities / / edited by Akintola Akintoye, Matthias Beck, and Cliff Hardcastle

• Record Nr.: UNINA9910821054403321
• Pubbl/distr/stampa: Oxford, OX, UK ; ; Malden, MA, USA, : Blackwell Science, 2003
• ISBN: 1-281-31862-0; 9786611318628; 0-470-79010-5; 0-470-69070-4; 0-470-68043-1
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (448 p.)
• Altri autori (Persone): AkintoyeAkintola; BeckMatthias <1964->; HardcastleCliff
• Disciplina: 658.15/5
• Soggetti: Infrastructure (Economics) - Management; Risk management; Public-private sector cooperation
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: PUBLIC-PRIVATE PARTNERSHIPS; Contents; Contributors; Introduction: Public-private partnership in infrastructure development; Background; Structure and summary of the chapters; References; PART ONE PPP: Risk, value and communication in public-private partnership procurement; 1 An overview of public-private partnership; 1.1 Introduction; 1.2 Concept and characteristics of PPP; 1.3 Features of PPP; 1.4 Benefits of PPP; 1.5 PPP models; 1.6 PPP in Europe; 1.7 PPP in the UK; 1.8 PPP in the USA; 1.9 PPP in Asia-Pacific; 1.10 PPP in Eastern Europe; 1.11 PPP in Africa; 1.12 Conclusions; References; 2 Risks overview in public-private partnership2.1 Introduction; 2.2 Private finance initiative; 2.3 Project procurement; 2.4 Theoretical overview of risks; 2.5 Checklist of risks in PFI; 2.6 The multi-disciplinary dimension of risk management; 2.7 Practical risk considerations in PFI; 2.8 A sectoral consideration of the major risks in PFI; 2.9 Discussing risks in PFI projects; 2.10 Conclusion; ; Acknowledgements; References; 3 Value management in public-private partnership procurement; 3.1 Introduction; 3.2 The value of management of projects; 3.3 Managing value in PFI projects; 3.4 Conclusions; References4 Risk perception and communication in public-private partnerships; 4.1 Introduction; 4.2 The communication environment; 4.3 Risk; 4.4 Risk perceptions; 4.5 PPP project procurement context; 4.6 Conclusions; Referencas; PART TWO Stakeholders' perspectives on public-private partnership risks and opportunities; 5 A construction perspective on risk management in public-private partnership; 5.1 Introduction; 5.2 Construction project delivery and the PFI form of procurement; 5.3 Risk management; 5.4 Knotty issues in risk management - a practical perspective; 5.5 Conclusions; AcknowledgementsReferences; 6 A financial perspective on risk management in public-private partnership; 6.1 Introduction; 6.2 Project finance and the PPP/PFI environment; 6.3 Methods for financing PFI schemes; 6.4 Instruments and tools for financial risk management; 6.5 Financial risk management in PFIs: an empirical analysis; 6.6 Risk mitigation practices; 6.7 Conclusions; Acknowledgements; References; 7 A legal perspective on risk management in public-private partnership; 7.1 Introduction; 7.2 Rationale for risk transfer; 7.3 Early stages in the development of risk transfer; 7.4 Recent developments7.5 Legal aspects for the management of risk under PFI projects; 7.6 Preparation for the project and risk analysis; 7.7 Risk transfer and the procurement process; 7.8 Risk transfer and the project agreement; 7.9 Conclusions; References; 8 Applications of risk management strategies in public-private partnership procurement; 8.1 Introduction; 8.2 Developments in risk management in PPP; 8.3 Option appraisal; 8.4 Outline business case; 8.5 Procurement; 8.6 Operation; 8.7 Conclusions; References; 9 Developments in UK public sector risk management: the implications for PPP/PFI projects
• Sommario/riassunto: 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