Public-Private Partnerships Managing Risks and Opportunities

by Akintoye, Akintola; Beck, Matthias; Hardcastle, Cliff

• ISBN13: 9780632064656
• ISBN10: 063206465X
• Edition: 1st
• Format: Hardcover
• Copyright: 2003-02-14
• Publisher: Wiley-Blackwell

Summary

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.

Author Biography

Akintola Akintoye, Professor of Construction Economics and Management, Dean of School of Built and Natural Environment, University of Central Lancashire, UK; Joint Editor of Journal of Financial Management of Property and Construction, Joint Coordinator of CIB TG72: Public Private Partnerships.

Table of Contents

Introduction

PPP: Risk, value and communication in public private partnership procurement

An overview of Public Private Partnership

Risks overview in Public Private Partnership

Value management in PPP procurement

Risk perception and communication in Public Private Partnerships

Stakeholders perspectives on Public Private Partnership risks and opportunities

A construction perspective on risk management in Public Private Partnership

A financial perspective on risk management in Public Private Partnership

A legal perspective on risk management in PPP

Applications of risk management strategies in PPP procurement

Developments in UK public sector risk management: implications for PPP/PFI projects

International Perspectives on Public Private Partnership risks and opportunities

Public Private Partnership risk assessment and management process - the Asian dimension

Risk management in an Austrian standardised public-private partnership model

Risk assessment and management in BOT-type PPP in China/Hong Kong

Public Private Partnership projects in USA: risks and opportunities

PPP in South African local authorities: risks and opportunities

Private Sector participation road projects in India - assessment and allocation of critical risks

Framework for risks and opportunities management of Public Private Partnership infrastructure development

Multi-party risk management process for a PPP construction project in Asia

PFI uptake in UK local authorities

A framework for the risk management in PFI projects

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