Private-Public Partnerships: Transaction Analysis and the Case of Urban Motorways

Frederik Pretorius; Sophie Sturup; Andrew McDougall

doi:10.1002/9781118401637.ch4

Private-Public Partnerships: Transaction Analysis and the Case of Urban Motorways

Frederik Pretorius^*, Sophie Sturup, Andrew McDougall

^*Corresponding author for this work

Research output: Chapter in Book or Report/Conference proceeding › Chapter › peer-review

1 Citation (Scopus)

Abstract

Chapter 4 examines public-private partnerships (PPPs) that are characterized by complex, nonstandard, capital intensive projects with public good characteristics. It presents a conceptual framework to dissect and integrate systematically the institutional mechanisms put in place to ensure the clear division and allocation of rights and risks and the management of incentive conflicts between the public and private partners in PPPs. This conceptual framework is then utilized to analyze the performance of the process and institutional mechanisms that were used to finance, deliver, and operate the Melbourne CityLink project.

Original language	English
Title of host publication	Urban Infrastructure
Subtitle of host publication	Finance and Management
Publisher	Wiley Blackwell
Pages	83-120
Number of pages	38
ISBN (Print)	9780470672181
DOIs	https://doi.org/10.1002/9781118401637.ch4
Publication status	Published - 22 Aug 2012
Externally published	Yes

Keywords

Complex contracting
Incentive conflicts
Private-public partnerships
Transaction design
Transactional analysis

Access to Document

10.1002/9781118401637.ch4

Cite this

@inbook{f4c31b4ee4d6404885b27ab26c708204,

title = "Private-Public Partnerships: Transaction Analysis and the Case of Urban Motorways",

abstract = "Chapter 4 examines public-private partnerships (PPPs) that are characterized by complex, nonstandard, capital intensive projects with public good characteristics. It presents a conceptual framework to dissect and integrate systematically the institutional mechanisms put in place to ensure the clear division and allocation of rights and risks and the management of incentive conflicts between the public and private partners in PPPs. This conceptual framework is then utilized to analyze the performance of the process and institutional mechanisms that were used to finance, deliver, and operate the Melbourne CityLink project.",

keywords = "Complex contracting, Incentive conflicts, Private-public partnerships, Transaction design, Transactional analysis",

author = "Frederik Pretorius and Sophie Sturup and Andrew McDougall",

year = "2012",

month = aug,

day = "22",

doi = "10.1002/9781118401637.ch4",

language = "English",

isbn = "9780470672181",

pages = "83--120",

booktitle = "Urban Infrastructure",

publisher = "Wiley Blackwell",

}

TY - CHAP

T1 - Private-Public Partnerships

T2 - Transaction Analysis and the Case of Urban Motorways

AU - Pretorius, Frederik

AU - Sturup, Sophie

AU - McDougall, Andrew

PY - 2012/8/22

Y1 - 2012/8/22

N2 - Chapter 4 examines public-private partnerships (PPPs) that are characterized by complex, nonstandard, capital intensive projects with public good characteristics. It presents a conceptual framework to dissect and integrate systematically the institutional mechanisms put in place to ensure the clear division and allocation of rights and risks and the management of incentive conflicts between the public and private partners in PPPs. This conceptual framework is then utilized to analyze the performance of the process and institutional mechanisms that were used to finance, deliver, and operate the Melbourne CityLink project.

AB - Chapter 4 examines public-private partnerships (PPPs) that are characterized by complex, nonstandard, capital intensive projects with public good characteristics. It presents a conceptual framework to dissect and integrate systematically the institutional mechanisms put in place to ensure the clear division and allocation of rights and risks and the management of incentive conflicts between the public and private partners in PPPs. This conceptual framework is then utilized to analyze the performance of the process and institutional mechanisms that were used to finance, deliver, and operate the Melbourne CityLink project.

KW - Complex contracting

KW - Incentive conflicts

KW - Private-public partnerships

KW - Transaction design

KW - Transactional analysis

UR - http://www.scopus.com/inward/record.url?scp=84888718820&partnerID=8YFLogxK

U2 - 10.1002/9781118401637.ch4

DO - 10.1002/9781118401637.ch4

M3 - Chapter

AN - SCOPUS:84888718820

SN - 9780470672181

SP - 83

EP - 120

BT - Urban Infrastructure

PB - Wiley Blackwell

ER -

Private-Public Partnerships: Transaction Analysis and the Case of Urban Motorways

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this