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Article
Assessing risk in infrastructure public private partnerships
International Conference on Infrastructure Development and Investment Strategies for Africa
  • Michael Regan, Bond University
  • Jim Smith, Bond University
  • Peter Love, Curtin University
Date of this Version
9-25-2014
Document Type
Conference Paper
Publication Details

Published version

Regan, M., Smith, J., & Love, P. (2014). Assessing risk in infrastructure public private partnerships. Paper presented at the International Conference on Infrastructure development and Investment strategies for Africa (DII). 25-26 September, 2014. Zambia.

© Copyright, DII 2014

2014 HERDC submission

ISBN
9780869707821
Abstract
Public private partnerships are a method for the delivery of social and economic infrastructure services in over 80 countries worldwide. PPPs are a contractual arrangement between public and private entities through which the skills, assets and/or financial resources of both sectors are allocated in such a manner that provides optimal service delivery and good value to society. Central to the operation of public private partnerships is the systematic evaluation of the procurement options available to government, an output specification to encourage private design, risk transfer, construction and operational innovation, the detailed analysis of projects over their operational life-cycle, a rigorous and competitive bid process, and the selection of proposals that deliver value for money.
Citation Information
Michael Regan, Jim Smith and Peter Love. "Assessing risk in infrastructure public private partnerships" International Conference on Infrastructure Development and Investment Strategies for Africa (2014) p. 177 - 190
Available at: http://works.bepress.com/michael_regan/44/