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Article: Procurement protocols for public-private partnered projects

TitleProcurement protocols for public-private partnered projects
Authors
Issue Date2001
PublisherAmerican Society of Civil Engineers. The Journal's web site is located at http://www.pubs.asce.org/journals/co.html
Citation
Journal of Construction Engineering and Management, 2001, v. 127 n. 5, p. 351-358 How to Cite?
AbstractInfrastructure megaprojects have often failed to meet original stakeholder expectations in both "pure" free markets and totally central-planned economies. Such failures provide the rationale for public-private partnerships (PPPs) that synergize both public and private strengths. Build-operate-transfer (BOT) type schemes are a popular type of PPP. They improve project procurement environments by changing traditionally adversarial scenarios to partnerships that integrate finance, design, construction, and operation. Many countries are still inexperienced in the complexities and implications of PPPs. The growing body of multi-country experiences in this domain needs to be tapped through comparison and benchmarking. Various kinds of BOT-type infrastructure developments in both developed and developing countries are compared in this paper to identify strengths from successful approaches and to draw lessons from less successful or abortive projects. Particular examples include toll roads in the United States, the Private Finance Initiative in the United Kingdom, and BOT and its variants in China. The experiences derived and lessons drawn are expected to improve the procurement protocols of public clients in future partnered infrastructure projects.
Persistent Identifierhttp://hdl.handle.net/10722/150189
ISSN
2015 Impact Factor: 1.152
2015 SCImago Journal Rankings: 1.219
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorZhang, XQen_US
dc.contributor.authorKumaraswamy, MMen_US
dc.date.accessioned2012-06-26T06:02:06Z-
dc.date.available2012-06-26T06:02:06Z-
dc.date.issued2001en_US
dc.identifier.citationJournal of Construction Engineering and Management, 2001, v. 127 n. 5, p. 351-358en_US
dc.identifier.issn0733-9364en_US
dc.identifier.urihttp://hdl.handle.net/10722/150189-
dc.description.abstractInfrastructure megaprojects have often failed to meet original stakeholder expectations in both "pure" free markets and totally central-planned economies. Such failures provide the rationale for public-private partnerships (PPPs) that synergize both public and private strengths. Build-operate-transfer (BOT) type schemes are a popular type of PPP. They improve project procurement environments by changing traditionally adversarial scenarios to partnerships that integrate finance, design, construction, and operation. Many countries are still inexperienced in the complexities and implications of PPPs. The growing body of multi-country experiences in this domain needs to be tapped through comparison and benchmarking. Various kinds of BOT-type infrastructure developments in both developed and developing countries are compared in this paper to identify strengths from successful approaches and to draw lessons from less successful or abortive projects. Particular examples include toll roads in the United States, the Private Finance Initiative in the United Kingdom, and BOT and its variants in China. The experiences derived and lessons drawn are expected to improve the procurement protocols of public clients in future partnered infrastructure projects.en_US
dc.languageengen_US
dc.publisherAmerican Society of Civil Engineers. The Journal's web site is located at http://www.pubs.asce.org/journals/co.htmlen_US
dc.relation.ispartofJournal of Construction Engineering and Managementen_US
dc.rightsJournal of Construction Engineering and Management. Copyright © American Society of Civil Engineers.-
dc.titleProcurement protocols for public-private partnered projectsen_US
dc.typeArticleen_US
dc.identifier.emailKumaraswamy, MM: mohan@hkucc.hku.hken_US
dc.identifier.authorityKumaraswamy, MM=rp00126en_US
dc.description.naturelink_to_OA_fulltexten_US
dc.identifier.doi10.1061/(ASCE)0733-9364(2001)127:5(351)en_US
dc.identifier.scopuseid_2-s2.0-0035454480en_US
dc.identifier.hkuros72484-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0035454480&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume127en_US
dc.identifier.issue5en_US
dc.identifier.spage351en_US
dc.identifier.epage358en_US
dc.identifier.isiWOS:000171170900001-
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridZhang, XQ=16647701900en_US
dc.identifier.scopusauthoridKumaraswamy, MM=35566270600en_US

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