Development of a Transparent Framework for Pre-Procurement Evaluation of Public–Private Partnership Project Delivery Options

Author(s):  
Patrick DeCorla-Souza

This paper reviews value for money (VfM) analyses conducted in the United States to gain an understanding of methods used in addressing key issues in VfM analyses. The paper shows that VfM analysis approaches are inconsistent. In many cases it is difficult to decipher the source of differences between delivery options. Discount rates are sometimes used in a way that reduces credibility of the results. The paper presents some ideas for how these key issues can be approached so that VfM analysis results are more credible, consistent, and transparent.

2016 ◽  
Vol 22 (1) ◽  
pp. 55-78 ◽  
Author(s):  
Graeme A. Hodge ◽  
Carsten Greve

Private finance-based infrastructure public–private partnerships (P3s) are globally popular, including renewed interest in the United States, but their performance remains contested. This article explores the meaning of P3 and the notion of P3 success, and points to multiple interpretations of both. It proposes a new conceptual model of the P3 phenomenon, including five levels of meaning: project, delivery method, policy, governance tool, and cultural context. Numerous criteria exist on which the success of P3 might be judged. These are as oriented toward politics and governance as they are toward more traditional utilitarian policy goals concerned with project delivery, or value for money (VfM). Indeed, governments have dozens of different goals in mind. Given mixed international results to date for VfM, it is posited that to the extent that infrastructure P3s continue to show popularity, governments may stress P3 success more on the basis of political and governance strengths, than utilitarian characteristics.


2020 ◽  
Vol 2 (1-2) ◽  
pp. 17-35
Author(s):  
Nathaniel L. Moir

Abstract This article revisits the Cutter Incident in the United States in April 1955 when mass-produced doses of polio vaccine containing insufficiently inactivated (killed) live polio virus were released to the U.S. public. The Cutter Incident also affected subsequent vaccine development and these lessons remain relevant in the international quest to create a rapidly developed vaccine for COVID-19. The Cutter Incident shows how things can go wrong when a vaccine is manufactured in haste and without adequate safety precautions during mass-production. In the article’s later section, liability without fault, among other consequences resulting from the incident, are also assessed in the context of current vaccine development through Operation Warp Speed, the public-private partnership funded by the U.S. government to develop a remedy for COVID-19.


2012 ◽  
Vol 7 (4) ◽  
pp. 344-348 ◽  
Author(s):  
Kenji Watanabe ◽  

The business impacts with the Great East Japan Earthquake to the society reflected not only in tangible areas but also in intangible areas such as supply chains and functionalities of urban cities. This note discusses increasing vulnerability of our networked society and also need for establishing interoperability of logistics realized by flexible modal shifts among different transportation methods. In the process of the discussions, necessity for PPP (Public-Private Partnership) is considered with two case studies from the United States and the United Kingdom. In the last, the way forward to establish a flexible logistics-based resilience in major supply chains is proposed to prepare for incoming disasters.


Sign in / Sign up

Export Citation Format

Share Document