Infrastructure for the built environment : global procurement strategies / Rodney Howes and Herbert Robinson.

Format:

Book

Author/Creator:

Howes, R. (Rodney)

Contributor:

Robinson, Herbert.

Martin and Margy Meyerson Accession Fund for the Built Environment Collections.

Language:

English

Subjects (All):

Infrastructure (Economics)--Management.

Infrastructure (Economics).

Construction industry--Capital investments.

Construction industry.

Public works--Finance.

Public works.

Physical Description:

xxii, 327 pages : illustrations ; 25 cm

Place of Publication:

Oxford : Butterworth-Heinemann, 2005.

Summary:

Throughout the world there is a growing demand for high quality public services to support socio-economic development. Infrastructure is central to improving the level of public services and the quality of the built environment. But in key areas such as transport, energy, water, healthcare, education and communications, public resources are not sufficient to keep pace with this demand. As the public sector struggles to keep up, the private sector is increasingly involved in the procurement of economic and social infrastructure.

Until now procurement strategies have often concentrated on the mechanisms and the 'bricks and mortar' without a thorough analysis of the processes and their implications for services. The result is that all too often infrastructure projects are implemented in an ad hoc and fragmented way. In this ground-breaking book, Rodney Howes and Herbert Robinson provide a holistic approach to infrastructure provision that facilitates infrastructure delivery aimed at continuously improving the level and quality of services. Critical issues of policy and strategy, implementation, and operational aspects are examined within the context of sustainability.

By emphasising the importance of procuring infrastructure within an overall national or regional development policy and strategy, the authors have demonstrated the importance of linking investment and resource decisions to social, economic and environmental needs. With each chapter carefully written to reflect part of the infrastructure delivery chain and illustrated with practical examples and case studies from around the world, this book offers a new blueprint for infrastructure investment and resource management.

Contents:

Part 1 Policy & strategic context 11

2 The nature of infrastructure projects 13

Concept of 'infrastructure' 14

Types of physical infrastructure 16

Infrastructure development 17

Toward a service-focused approach 25

3 Determination and selection of infrastructure policy 32

The policy framework 33

Determinants of public and private participation 40

4 Strategic considerations for infrastructure development 52

Key elements of infrastructure strategy 53

Infrastructure development processes 58

Infrastructure service delivery chain 62

Infrastructure decision-making hierarchy 65

Level of service indicators 67

Demand and supply management issues 68

Strategic hard and soft variables 69

Part 2 Implementation issues 77

5 Project evaluation and resources 79

Macro or key contextual variables 80

Micro or project-specific variables 84

Resource implications of infrastructure projects 87

Infrastructure evaluation models 92

The InfORMED approach 94

6 Infrastructure project procurement 110

Elements of infrastructure procurement strategy 112

Project evaluation 117

Drivers for infrastructure procurement selection 118

Framework for procurement delivery 119

Procurement methods 121

Other procurement considerations 126

Innovative procurement options 127

Infrastructure procurement selection using a portfolio-based strategy 130

Procurement of infrastructure in developing countries 132

Selection of bidders 137

Information provided for the bidders 139

Evaluation of bids 139

7 The financing of infrastructure projects 145

Financing policy and strategy 146

Public provision of infrastructure finance 148

Private provision of infrastructure finance 150

Public-private partnerships (PPP) 152

Project financial analysis 153

Using uncertainty to determine NPVs 160

Project risk analysis 162

Inflation 165

Cost of borrowing 167

Stochastic decision trees 168

Risk assessment using Monte-Carlo simulation 172

Financial appraisal of bidders 176

Project financial monitoring and control 178

8 Funding infrastructure projects in developing countries 186

The need for funding infrastructure 187

Bilateral and multilateral funding 188

Private sector funding 196

Co-financing infrastructure 199

Conflicting issues in co-financing 202

Lending conditions and sector priorities 202

Project appraisal 204

Cost-sharing and foreign currency constraints 205

Cross default and other conditional clauses 206

Other funding considerations 206

Project identification capacity 206

Risk analysis and management 208

Part 3 Operational considerations 219

9 Towards sustainable infrastructure and conservation 221

Definition of sustainable development 223

Models of sustainable development 223

Why sustainable design and construction? 225

Strategy for sustainability and conservation 226

Operational considerations for sustainability and conservation 229

Climate change and global warming 229

Towards a low-carbon economy 231

Zoning of land 232

Impact of physical infrastructure 232

Assessment methodologies 239

Environmental or thematic indicators 239

Environmental impact assessment (energy) 241

Assessment for building-type infrastructure 243

Justification of sustainable construction 245

10 Facility management of infrastructure 253

Operational context 254

Performance indicators 258

Design quality indicators 259

Facility management framework 260

Statutes and legal requirements 265

Life cycle appraisal (LCA) 268

Life cycle appraisal (LCA) for PPP projects 270

Proposed basis for an FM visualisation model 272

Operational facilities management 275

Role of the client 276

Packaging and outsourcing contracts 277

Service level and contractual arrangements 278

Facilities condition management system 281

Financial management and cost control 281

Application of facilities management to PPP 282

11 Conclusion and future horizons 289

Physical infrastructure policy framework 290

Developing strategy 292

A total approach to the provision of physical infrastructure 293

Sustainable infrastructure 296

The concept of service delivery 303

Innovation in project finance 305

Risk management of infrastructure projects 309.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Martin and Margy Meyerson Accession Fund for the Built Environment Collections.

ISBN:

0750668709

9780750668705

OCLC:

61425614