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Paper Details
Paper Title
Public Private Partnership Projects- A Study on the effectiveness of existing agreement conditions of public private partnership of road contracts and recommendations for high performance
Authors
Syed Muthaheer, S Abdul Rahuman
Abstract
Public private partnerships (PPPs) play an important role in bringing private sector competition to public monopolies in infrastructure development and service provision and in merging the resources of both public and private sectors to serve the public needs in better way. The development of PPP contracts, the structure includes a vital influence on the economic and policy success of privately financed roads throughout their life cycle. Following fundamentals of PPP and the public policy differentiation between public interest and public objectives, many approaches for establishing the key contract method of concession length and risk mitigation are explored. The patterns of PPP contract strategies which correspond to common policy objectives achieving managing congestion, identified through evaluation of five national highway project agreements. This paper proposes decision making tools resulting from this work are illustrated through application to current PPP concession agreements (1) Process of PPP (2) Frame work of PPP contracts (BOT) (3) Comparisons (4) Recommendations & Suggestions, which concludes with thoughts on the appropriate role of PPPs in infrastructure delivery.
Keywords- Structure of PPP, Process, Framework, Comparisons.
Publication Details
Unique Identification Number - IJEDR1501073Page Number(s) - 396-402Pubished in - Volume 3 | Issue 1 | Jan 2015DOI (Digital Object Identifier) - Publisher - IJEDR (ISSN - 2321-9939)
Cite this Article
Syed Muthaheer, S Abdul Rahuman, "Public Private Partnership Projects- A Study on the effectiveness of existing agreement conditions of public private partnership of road contracts and recommendations for high performance", International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.3, Issue 1, pp.396-402, Jan 2015, Available at :http://www.ijedr.org/papers/IJEDR1501073.pdf
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