Thumbnail Image
Item

Anatomy of public-private partnerships: Creation, financing, and renegotiations

Miranda Sarmento,J.J.
; 
Renneboog,Luc
Abstract
This paper presents the main reasons why public-private partnerships (PPPs) are adopted as well as the possible disadvantages for the public and private sectors. By means of two case studies on bridge construction and railway infrastructure (Fertagus and Lusoponte), we elucidate how a PPP is structured and financed. Furthermore, the two case studies illustrate how the renegotiation processes are conducted when the public-private contracts have to be altered and what determines (un)successful renegotiations.
Description
Date
2016
Journal Title
Journal ISSN
Volume Title
Publisher
Collections
Tilburg University Research Output Collection
Show all metadata
Files
Thumbnail Image
10-1108_IJMPB-03-2015-0023.pdf
Adobe PDF, 415.76 KB
Research Projects
Organizational Units
Journal Issue
Keywords
Public-Private Partnerships, Concessions, Renegotiations, Public Procurement, Project Risk, G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill, H54 - Infrastructures ; Other Public Investment and Capital Stock, L91 - Transportation: General
Citation
Miranda Sarmento, J J & Renneboog, L 2016, 'Anatomy of public-private partnerships : Creation, financing, and renegotiations', International Journal of Managing Projects in Business, vol. 9, no. 1, pp. 94-122. https://doi.org/10.1108/IJMPB-03-2015-0023
URI
https://hdl.handle.net/20.500.14602/66241
Embedded videos