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Highway construction works have significant bearings on all aspects of sustainability. As they typically involve huge capital funds, stakeholders tend to place all interests on the financial justifications of the project, especially when embedding sustainability principles and practices may...
Persistent link: https://www.econbiz.de/10009483342
The Government of Indonesia (GoI) increasingly relies on the private sector financing to build and operate … PPP infrastructure project procurement in Indonesia and Australia. Public Sector Comparator (PSC) is used to assess the … potential project VFM quantitatively in Australia. In Indonesia, the PSC has not been applied, where the PPP procurement …
Persistent link: https://www.econbiz.de/10009438285
Life Cycle Cost Analysis provides a form of synopsis of the initial and consequential costs of building related decisions. These cost figures may be implemented to justify higher investments, for example, in the quality or flexibility of building solutions through a long term cost reduction. The...
Persistent link: https://www.econbiz.de/10009438368
Against a background of already thin markets in some sectors of major public sector infrastructure in Australia and the desire of Australian federal government to leverage private finance, concerns about ensuring sufficient levels of competition are prompting federal government to seek new...
Persistent link: https://www.econbiz.de/10009438282
Public Private Partnerships (PPP) as a procurement mechanism for infrastructure projects is becoming increasingly common. This is principally due to the value for money opportunities it offers the public sector sponsors. This value for money is primarily achieved through the optimisation of the...
Persistent link: https://www.econbiz.de/10009483870
Both the increasing private participation in public projects and the critical importance of appropriate risk allocation to the success of public-private partnership (PPP) projects justify specific research on the risk allocation practice in PPP projects, particularly whether the practice is...
Persistent link: https://www.econbiz.de/10009484030