The Public-Private Partnership (P3 or PPP) model has been proposed as an alternative deliverysystem to address funding shortage problems associated with large-scale projects. Appropriately allocating and managing risks among project participants is critically important for a P3 projectâs...

Assessment of BOT project financial risk is generally performed by combining Monte Carlo simulation with discounted cash flow analysis. The outcomes of this risk assessment depend, to a significant extent, upon the total project uncertainty, which aggregates aleatory and epistemic uncertainties...

Public infrastructure owners are increasingly soliciting BOT arrangements to deliver needed infrastructure facilities. Such arrangements potentially preserve a public owner's capital capacity for allocation to projects that cannot support themselves by essentially 'pulling' projects from the...

Given the current state of infrastructure needs in the U.S., does it not make sense for the public sector to draw on all potential project delivery systems -- including public-private partnerships? Together, the public and private sectors can provide the best services to meet the growing needs...