Performance Evaluation on the Intelligent Operation and Maintenance Mode of Public-Private Partnership Urban Infrastructure Projects

2021 ◽  
pp. 190-214
Author(s):  
Juan Du ◽  
Yan Xue ◽  
En Jin ◽  
Xiao Hu ◽  
Yinong Yuan ◽  
...  
Keyword(s):  
Evaluation System ◽  
Value Added ◽  
Evaluation Process ◽  
Urban Infrastructure ◽  
Public Private Partnership ◽  
Evaluation Index System ◽  
Infrastructure Projects ◽  
Private Partnership ◽  
Intelligent Decision Making ◽  
Operation And Maintenance

With the participation of social capital, the operation and maintenance performance of Public-Private Partnership (PPP) urban infrastructure is becoming the key value-added point. This chapter summarizes and analyzes the problems of traditional urban infrastructure operation and maintenance (UIOM), and innovatively proposes the UIOM mode under the PPP background. Combined with the characteristics of the new generation of information technology, this chapter puts forward an efficient and intelligent UIOM mode with the features of intelligent decision-making, fine maintenance, technical optimization, capital saving, resource integration, and sustainability. This chapter takes the Highway Tunnel as the example, propose the Evaluation Index System for Intelligent UIOM Mode and implement the evaluation process using the AHP. The proposed intelligent UIOM Mode provides a scientific solution to the improvement of the subsequent evaluation system and the optimization of operation and maintenance decisions in PPP urban infrastructure projects.

RISK MANAGEMENT IN PUBLIC-PRIVATE PARTNERSHIP AND OTHER MAJOR INFRASTRUCTURE PROJECTS

EDPACS ◽  
2021 ◽  
Vol 63 (5) ◽  
pp. 6-19
Author(s):  
Alex Sidorenko ◽  
Vladimir Kilinkarov ◽  
Alexey Belkov
Keyword(s):  
Risk Management ◽  
Public Private Partnership ◽  
Infrastructure Projects ◽  
Private Partnership

Evaluation of Public Private Partnership in Infrastructure Projects

2021 ◽  
Author(s):  
Karthikeyan Loganathan ◽  
Mohammad Najafi ◽  
Vinayak Kaushal ◽  
Pius Agyemang
Keyword(s):  
Public Private Partnership ◽  
Infrastructure Projects ◽  
Private Partnership

Barriers to bond financing for public-private partnership infrastructure projects in emerging markets

2017 ◽  
Vol 22 (1) ◽  
pp. 2-19 ◽  
Author(s):  
Solomon Olusola Babatunde ◽  
Srinath Perera
Keyword(s):  
Factor Analysis ◽  
Emerging Markets ◽  
Empirical Studies ◽  
Principal Component ◽  
Public Private Partnership ◽  
Bond Markets ◽  
Infrastructure Projects ◽  
Chi Square ◽  
Private Partnership ◽  
Content Type

Purpose The purpose of this study is to identify and critically assess the barriers to bond financing for public–private partnership (PPP) infrastructure projects in Nigeria using an empirical quantitative analysis. Innovative ways to finance long-term infrastructure projects had been documented. However, there is a dearth of empirical studies on the barriers to bond financing for PPP infrastructure projects. Design/methodology/approach A comprehensive literature review was conducted to identify the barriers to bond financing for infrastructure projects, which were employed to design a questionnaire. A questionnaire survey was carried out which targeted financial experts in the Nigerian financial institutions/local banks. Data collected were analysed using descriptive and inferential statistics to include mean score, chi-square (χ2) test and factor analysis (principal component analysis). Findings The analysis of the ranking in terms of the mean score values for the 12 identified barriers indicated that all the identified barriers are considered by respondents as critical barriers to bond financing for PPP infrastructure projects in Nigeria. The study, through factor analysis, grouped the 12 identified barriers into 5 principal factors. These include governance and institutional capacity issues, higher issuance cost and risk, difficulties in getting approval for changes, the small size of bond markets and stringent disclosure requirements. Practical implications This research is significant by providing the empirical evidence of the barriers to bond financing for PPP infrastructure in emerging markets, especially in Nigeria. Originality/value The findings would enable the policymakers to draw some policy recommendations that will positively influence the development of bond markets in Nigeria and emerging markets at large. These study findings are crucial, as not many empirical studies have been conducted in Nigeria.

scholarly journals Investigation of the challenges facing public-private partnership projects in Australia

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Godfrey Charles Mwakabole ◽  
Argaw Tarekegn Gurmu ◽  
Linda Tivendale
Keyword(s):  
Success Factors ◽  
Risk Measures ◽  
Business Case ◽  
Project Planning ◽  
Public Private Partnership ◽  
Light Rail ◽  
Infrastructure Projects ◽  
Private Partnership ◽  
Critical Success ◽  
Political Interference

The practice of implementing infrastructure projects through a public-private partnership (PPP) arrangement is widely employed around the world with successful outcomes. However, this practice is not without challenges related to cost, time and quality variations, which the public is forced to bear. This study aims to explore factors influencing the termination of the East West Link project in Melbourne and present time and cost variation challenges facing the Sydney Light Rail project. This paper utilizes literature, investigating the critical success factors (CSF) for PPP infrastructure projects in an international context, and other readily available data sources such as Australian government publications, the case projects’ reports, news articles, and websites as the sources of data. The data gathered from these sources was then analysed to understand the project challenges and to investigate the relationship between CSF and the challenges. Four challenges were identified, including insufficiency of the business case, political interference, non-independence of implementing organizations and insufficient risk profile identification. The findings can assist to cover the loopholes that might cause similar failures in project planning, risk management, and policy and guideline frameworks. However, efforts should be made in improving the existing policies to accommodate political interests as part of risk measures under the national PPP guidelines. 

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