scholarly journals Assessment of the Legal and Institutional Framework for the Management of Fiscal Liabilities Arising from Public-Private Partnerships (PPPs) in Nigeria

Author(s):  
George Nwangwu ◽  

The procurement of infrastructure projects through the use of PPPs has a number of advantages including the potential of reducing life cycle costs, better project risks management and improved service delivery to mention a few. However, PPPs inevitably give rise to liabilities whether explicit or contingent. These liabilities where not properly managed may have adverse economic consequences for countries. This paper finds that whilst Nigeria has appropriate legal and institutional structures for managing fiscal liabilities generally, such structures are not designed or appropriate to deal with fiscal liabilities arising from PPPs. The paper makes suggestions on how this shortcoming may be addressed.

2017 ◽  
Vol 66 (3) ◽  
Author(s):  
Gernot Sieg ◽  
Berthold U. Wigger

Abstract:Whether or not the government will be able to set the right incentives for the newly founded Infrastrukturgesellschaft (Infrastructure Company), especially for minimizing life cycle costs, remains an open question. During the first few years, human resources that are inevitably tied up in establishing the company are then not available for the management of road works. Beneficial highway projects should not be excluded through a debt limit, but realized by means of Public Private Partnerships. Therefore, even though the Infrastrukturgesellschaft may ultimately improve its ability to build efficient highways in Germany, in the meantime, especially large projects should be achieved through Public Private Partnerships.


Author(s):  
Salim Bwanali ◽  
◽  
Pantaleo Rwelamila ◽  

It is estimated that Africa needs $93 billion annually until 2020 in order to bridge its infrastructure deficit. It is through significant investment in infrastructure development that economic growth and poverty alleviation can be enhanced. However central to all construction projects is an effective and sustainable procurement system. There is a notable shift by some African governments to turn to the private sector to design, build, finance and operate infrastructure facilities previously provided by the public sector in the form of Public Private Partnerships (PPP’s). As an innovative financing model, PPPs present an opportunity to governments to improve service delivery. Accordingly, this paper focuses on assessing international best practices as to how some developing nations tap into the resources of the private sector in implementing their infrastructure projects. The study is a result of critical review, synthesis and contextualization of relevant academic literature, conference and journal publications. A thorough document review method was employed to assess how some developing countries have institutionalized PPP as part of their development strategy. The paper will be of significant value to senior government officialsasunderstanding the concept and dynamics of PPP will resultin accelerated and effective service delivery.


2012 ◽  
Vol 2 (4) ◽  
pp. 279-290 ◽  
Author(s):  
V. Ratna Reddy ◽  
N. Jayakumar ◽  
M. Venkataswamy ◽  
M. Snehalatha ◽  
Charles Batchelor

This paper illustrates the usefulness of the life-cycle costs approach (LCCA) framework and methodology in addressing slippage and sustainability issues in the Water, Sanitation and Hygiene (WASH) sector in the State of Andhra Pradesh (AP), India. Source sustainability, poor operation and maintenance and water quality are the main reasons for slippage in India. The paper examines the actual cost of provision in 43 villages spread over two agro-climatic zones by cost components that cause slippage and identifies the gaps in (public) investments and how these gaps are responsible for poor, inequitable and unsustainable service delivery. The analysis brings out clearly that government expenditure on WASH is almost exclusively capital expenditure on infrastructure while other important cost components like planning and designing, capital maintenance, source sustainability, water quality, etc., receive little or no allocation. The key message of the paper is that allocations to rural drinking water sector are low at the design and implementation stage but more ends up being spent due to ad hoc interventions and funding allocations for rural water are distorted. It is argued that adoption of LCCA would enhance the efficiency and effectiveness of budget allocations to the drinking water sector.


2003 ◽  
Author(s):  
Shayne Brannman ◽  
Eric W. Christensen ◽  
Ronald H. Nickel ◽  
Cori Rattelman ◽  
Richard D. Miller

Author(s):  
Shuyan Zhang ◽  
Shuyin Duan ◽  
Fushuan Wen ◽  
Farhad Shahnia ◽  
Qingfang Chen ◽  
...  

Robotics ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 33
Author(s):  
Florian Stuhlenmiller ◽  
Steffi Weyand ◽  
Jens Jungblut ◽  
Liselotte Schebek ◽  
Debora Clever ◽  
...  

Modern industry benefits from the automation capabilities and flexibility of robots. Consequently, the performance depends on the individual task, robot and trajectory, while application periods of several years lead to a significant impact of the use phase on the resource efficiency. In this work, simulation models predicting a robot’s energy consumption are extended by an estimation of the reliability, enabling the consideration of maintenance to enhance the assessment of the application’s life cycle costs. Furthermore, a life cycle assessment yields the greenhouse gas emissions for the individual application. Potential benefits of the combination of motion simulation and cost analysis are highlighted by the application to an exemplary system. For the selected application, the consumed energy has a distinct impact on greenhouse gas emissions, while acquisition costs govern life cycle costs. Low cycle times result in reduced costs per workpiece, however, for short cycle times and higher payloads, the probability of required spare parts distinctly increases for two critical robotic joints. Hence, the analysis of energy consumption and reliability, in combination with maintenance, life cycle costing and life cycle assessment, can provide additional information to improve the resource efficiency.


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