Public Private Partnerships for Transport Infrastructure : Renegotiation and Economic Outcomes / International Transport Forum.

Format:

Book

Government document

Author/Creator:

International Transport Forum.

Contributor:

SourceOECD (Online service)

Series:

ITF Roundtable Reports, no.161.

ITF Roundtable Reports ; no.161

Language:

English

Subjects (All):

Transportation.

Physical Description:

1 online resource.

Place of Publication:

Paris : OECD Publishing, 2017.

Summary:

Public-private partnerships (PPPs) are an important vehicle for private participation in infrastructure investment, delivery and management. Renegotiations are an integral part of the PPP process but their prevalence varies markedly in different parts of the world. Renegotiations can be usefully employed to adjust the PPP contract to unforeseeable events, beyond the control of contractual parties. There is also a danger, however, that they will be used to change the initial balance of costs and benefits in the contract. The purpose of this report was to provide an overview of the nature of PPP renegotiations in different regions of the world and at different times to help understand when PPP contract renegotiations are desirable and when they are not. In general it is concluded that when contracts are set up well, renegotiations should be few and far between.

Contents:

Institutional and political determinants of private participation in infrastructure

The renegotiation of public-private partnership contracts: An overview of the recent evolution in Latin America

Renegotiation of transportation public-private partnerships: The US experience

List of participants

Acknowledgements

Executive summary

Renegotiations in public-private partnerships: Theory and evidence

Overview of discussions.

Notes:

Title from title screen (viewed May 1, 2017).

ISBN:

9789282108130

Access Restriction:

Restricted for use by site license.