Bundling and Unbundling in Public-Private Partnerships: Implications for Risk Sharing in Urban Transport Projects

被引：47
|
作者：
Carpintero, Samuel [1 ]
Petersen, Ole Helby [2 ]
机构：
[1] Univ Politecn Madrid, Madrid, Spain
[2] Roskilde Univ, Dept Soc & Globalisat, Publ Policy & Adm, Roskilde, Denmark
来源：
PROJECT MANAGEMENT JOURNAL | 2015年 / 46卷 / 04期
关键词：
PPP; risk; bundling; transport; PPP PROJECTS; PROCUREMENT; MODEL;
D O I：
10.1002/pmj.21508
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
Public-private partnership (PPP) projects may be organized in a variety of ways, depending on the level of integration of the so-called Special Purpose Vehicle. Based on the analyses of four major PPP light rail projects in Spain, this article outlines two fundamentally different models of organizing the Special Purpose Vehicle in PPP projects; moreover, the article examines the central principles of these two different models of organizing the private sector Special Purpose Vehicle and their implications for risk sharing and project management in large-scale infrastructure PPP projects.
引用
收藏
页码：35 / 46
页数：12
相关论文
共 50 条
  • [1] OPPORTUNITIES FOR PUBLIC-PRIVATE PARTNERSHIPS FOR URBAN TRANSPORT PROJECTS IN SERBIA
    Vujacic, Jelica Petrovic
    PROCEEDINGS OF INTERNATIONAL CONFERENCE ON TRAFFIC AND TRANSPORT ENGINEERING (ICTTE), 2012, : 391 - 397
  • [2] Risk Sharing in Public-Private Partnerships
    Mukherji R.
    Operations Research Forum, 4 (4)
  • [3] IMPERFECT BUNDLING IN PUBLIC-PRIVATE PARTNERSHIPS
    Greco, Luciano
    JOURNAL OF PUBLIC ECONOMIC THEORY, 2015, 17 (01) : 136 - 146
  • [4] Public-Private Partnerships' Risk Sharing Determinants
    Kociemska, Hanna
    Werwinska, Agnieszka
    VISION 2025: EDUCATION EXCELLENCE AND MANAGEMENT OF INNOVATIONS THROUGH SUSTAINABLE ECONOMIC COMPETITIVE ADVANTAGE, 2019, : 10854 - 10868
  • [5] Rethinking Public-private Partnerships: An Unbundling Approach
    Garg, Swapnil
    Garg, Sachin
    WORLD CONFERENCE ON TRANSPORT RESEARCH - WCTR 2016, 2017, 25 : 3793 - 3811
  • [6] Public-Private Partnerships in Urban Regeneration Projects: A Review
    de Paula, Paula Vale
    Marques, Rui Cunha
    Goncalves, Jorge Manuel
    JOURNAL OF URBAN PLANNING AND DEVELOPMENT, 2023, 149 (01)
  • [7] Government guarantees and risk sharing in public-private partnerships
    Takashima, Ryuta
    Yagi, Kyoko
    Takamori, Hiroshi
    REVIEW OF FINANCIAL ECONOMICS, 2010, 19 (02) : 78 - 83
  • [8] Public-Private Partnerships for Biosecurity: An Opportunity for Risk Sharing
    Mato-Amboage, Rosa
    Pitchford, Jonathan W.
    Touza, Julia
    JOURNAL OF AGRICULTURAL ECONOMICS, 2019, 70 (03) : 771 - 788
  • [9] Risk Allocation of Public-Private Partnerships in Public Stadium Construction Projects
    Cheng Min
    Shi Xiajun
    CRIOCM2009: INTERNATIONAL SYMPOSIUM ON ADVANCEMENT OF CONSTRUCTION MANAGEMENT AND REAL ESTATE, VOLS 1-6, 2009, : 1338 - 1342
  • [10] Critical Success Factors for Public-Private Partnerships in Urban Regeneration Projects
    de Paula, Paula Vale
    Marques, Rui Cunha
    Goncalves, Jorge Manuel
    INFRASTRUCTURES, 2024, 9 (11)
12345