Public private partnership infrastructure delivery: Benefits and costs for society

Adighibe, Charles Nnason (2015) Public private partnership infrastructure delivery: Benefits and costs for society. PhD thesis, Queensland University of Technology.

Abstract

This research provides additional knowledge on the benefits and costs to society, in particular of road transport procured through Public-Private Partnership (PPP) arrangements. Currently, the public sector comparator (PSC) and cost-benefit analysis (CBA) used to evaluate and measure the benefits and costs of PPP are limited in their capacity to predict and forecast long-term events. PPP is attractive to governments due to the non-upfront payment, perceived value for money, and risk allocation and transfer to the private investor. However, public sector remains the guarantor, and under-writer of the private investor's loan from financial institutions and other voluntary risks which are unlimited to future compensatory claims. The new knowledge from this research is the introduction of a framework capable of evaluating, and measuring the associated PPP benefits, as well as the costs, effects, and impacts to society which are protracted and sporadic by nature.

Impact and interest:

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ID Code: 83942
Item Type: QUT Thesis (PhD)
Supervisor: Coffey, Vaughan, Skitmore, Martin, & Bridge, Adrian
Keywords: Costs, Cost-benefits analysis, economic benefits, effects and impacts, public investments, private investor, public-private partnerships, society, and value for money
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Institution: Queensland University of Technology
Deposited On: 01 Jun 2015 05:29
Last Modified: 08 Sep 2015 06:08

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