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Full Description
The last three decades have seen the evolution of Public-Private Partnerships (PPPs) and Relationship Contracting (RC) as alternative procurement approaches to traditional methods of delivering public infrastructure. The potential for growth in these new forms of procurement has led to an on-going debate on the nature of requirements, particularly in terms of policy development, encouraging private investment and value for money. A key argument for Governments to procure projects using PPPs and RC is that the process delivers better value for all the stakeholders, including the community and asset end-users. This wide-ranging study of such crucial procurement issues includes international historical context, collaboration and risk management, with a focus on sustainable procurement approaches. The international significance of PPPs and RC procurement is reinforced with case study examples from the UK, Europe, North America, South Africa and the Asia-Pacific. It features cutting-edge research from around the world on subjects such as:
Reviews and reflection of the PPP approach
Project Alliancing
Implementation of RC in developing countries
Changes in procurement policy
Value for money, collaboration and stakeholder involvement
Growth and emergence of PPPs in Asia
Risk management
Including contributions from some of the world's most prominent academics and practitioners in this field, it is a crucial guide to the strategic choices governments now face for the provision of infrastructure, between using 'public' or 'private' mechanisms, or a combination of the two.
Contents
1. Public Private Partnerships and Relationship-based Procurement Approaches: An Introduction 2. Public Private Partnerships and Alliances: Opposites or a Continuum? 3. Public Private Partnerships: A Review of the UK Private Finance Initiative 4. London Underground's Public-Private-Partnership: Lessons Learnt by the Public Sector 5. Risk management in PPPs: Emerging issues in the provision of social infrastructure 6. Design Management of Infrastructure Projects: A Comparative Case Study Analysis of Design-Build (DB) and Construction Manager/General Contractor (CMGC) Projects in the U.S. 7. How Do Construction Firms Learn on Collaborative Infrastructure Projects? 8. PPP Procurement: Adding Value Through Relationship Development 9. Relationship Contracting in a Local Government Public Private Partnership (PPP) 10. The Growth and Emergence of PPPs in Asia 11. Disrupting Social Structure to Achieve Innovation on Public Private Partnership Mega Projects: A Narrative Analysis of Instruments of Power on a Singapore Sports Hub Case Study 12. Public-Private Partnerships (PPPs) in China: the Past, Present and Future 13. New Method for Minimizing Financial Deficit for Private Investment in Infrastructure Projects 14. Economic Infrastructure Projects and PPP Framework Implementation in Indonesia: Policy and Processes 15. Relationally Integrated Value Networks (RIVANS) for Public Private Partnerships (PPPs) 16. De-marginalization of the Public in Public Private Partnership (PPP) Projects: Lessons from e-Tolling of Gauteng's Freeway in South Africa 17. Community-Based Facilities Management (FM) as a Form of Relationship Contracting
