Build-Operate-Transfer (BOT) project delivery system has long been recognized as an important tool for realizing toll road projects. However, improper risk allocation structure between public and private parties causes difficulties in obtaining finance and thus leads to unsuccessful bids during...

This document provides an overview of the infrastructure megaproject industry (IMPI), the financial implications of cost and schedule overruns, and the trend towards the future impacts these may have on the global infrastructure sphere. Definitions of project management and procurement delivery...

This article investigates how managers in public-private partnership (PPP) projects respond to social or physical events during the implementation of their projects, and which of their responses produce satisfactory outcomes. Multi-value Qualitative Comparative Analysis (mvQCA) was used to...

In this column I have chosen to enter into that specific theme of our discipline concerning infrastructure social utility to focus on the peculiar need to correlate Pareto efficiency with the aim of distributive justice. I tried to explore the issue of social desirability of infrastructure...

In recent years the renegotiation and, even more, the cancellation of private infrastructure projects in developing countries have made the headlines in the world's financial press. For a variety of reasons the renegotiation of projects is not an unusual occurrence. But as this Note explains,...