DescriptionThe book provides an international overview of developments in public-private partnerships (PPP) in different countries, and addresses the various characteristics and approaches to PPP. Drawing on a number of international studies carried out by the authors, the book describes the rationale behind various PPP approaches, looks at the process aspects and dynamics of PPPs and aims to stimulate a more strategic discussion of PPP.
Introduction: 1.1 Public-private spectrum, 1.2 History, 1.3 Global perspective, 1.4 Structure of this book, References.
Characteristics of Public-Private Partnerships; 2.1 Definitions, 2.2 General characteristics of PPPs, 2.2.1 Creating PPPs, 2.2.2 The functioning of PPPs, 2.3 Construction sector PPPs, 2.4 Problems in PPP practice, 2.4.1 Product performance, 2.4.2 Process performance, 2.5 Summary, References.
Procurement Systems in Construction: Europe and USA; 3.1 Procurement in construction, 3.2 PPP procurement systems, 3.2.1 Concessions, 3.2.2 Joint ventures, 3.2.3 Comparison, 3.3 European and American context, 3.3.1 Europe, 3.3.2 USA, 3.4 Summary, References.
Concessions; 4.1 Concept of concession arrangements, 4.2 State of the art, 4.2.1 United Kingdom, 4.2.2 Spain, 4.2.3 Portugal, 4.2.4 The Netherlands, 4.2.5 United States of America, 4.2.6 Other countries, 4.3 Value for money and motives, 4.3.1 United Kingdom, 4.3.2 Spain, 4.3.3 Portugal, 4.3.4 The Netherlands, 4.3.5 United States of America, 4.4 Tender and selection procedures, 4.4.1 Spanish system, 4.4.2 Anglo-Saxon model, 4.5 Performance of concession PPPs, 4.5.1 Product performance, 4.5.2 Process performance, 4.6 Lessons, 4.6.1 Conditions for success, 4.6.2 Improvements, 4.7 Summary,References.
Highlighted: Concession Projects in Europe; 5.1 European policy, 5.2 Concessions in schools: the case of Montaigne Lyceum, 5.3 Concessions in transport infrastructure: the case of Metro de Sevilla, 5.4 Concessions in hospitals: the case of West Middlesex University Hospital, 5.5 PPP in infrastructure: Europe, 5.5.1 Creating concession PPPs, 5.5.2 Procurement rules and selection criteria, 5.5.3 Performance, 5.6 Summary, References.
Joint Ventures; 6.1 Project-based joint ventures, 6.1.1 Characteristics, 6.1.2 Motives, 6.2 Complex urban area development, 6.2.1 Multi-function approach, 6.2.3 Multi-actor approach, 6.3 Organizational aspects of joint venture PPPs, 6.3.1 Scope and balancing, 6.3.2 Phasing and procedures, 6.3.3 Procurement and risks, 6.4 Performance of joint venture PPPs, 6.4.1 Product performance, 6.4.2 Process performance, 6.5 Lessons, 6.5.1 Conditions for success, 6.5.2 Improvements, 6.6 Summary, References.
Highlighted: Joint Ventures Projects in the USA; 7.1 American urban and regional policy, 7.1.1 Smart Growth, 7.1.2 New Urbanism, 7.2 Joint ventures in city redevelopment: the case of Baltimore, 7.3 Joint ventures in Transit Oriented Development: the case of Portland, 7.3.1 TOD characteristics, 7.3.2 TOD key points, 7.3.3 MAX Light Rail Project: Portland, Oregon, 7.4 PPP in complex urban area development: USA, 7.4.1 Creating joint venture PPPs, 7.4.2 Social and commercial benefits, 7.4.3 Performance, 7.5 Summary, References..
The future of Public-Private Partnerships; 8.1 Lessons, 8.1.1 Expectations, 8.1.2 Value for money, 8.1.3 General lessons, 8.2 Scope of PPPs, 8.3 Portfolio strategies, 8.3.1 Programs, 8.3.2 Regions, 8.4 Examples of portfolio partnerships, 8.4.1 NHS Local Improvement Finance Trust, 8.4.2 Schools for the Future, 8.5 Enhance PPPs, 8.5.1 New trends in PPPs, 8.5.2 PPP as a strategic choice, 8.5.3 Research agenda for the future, 8.6 Closing remarks.
* PPP entails large investments for contractors and funders and hence high risks.
* This book provides an international overview of two types of PPP in different countries.
* Helps to develop a strategic view, drawing on theoretical viewpoints and lessons from different national backgrounds.