Contract stability in European road infrastructure PPPs: how does governmental PPP support contribute to preventing contract renegotiation?

Autor:	Raden Murwantara Soecipto, Koen Verhoest
Rok vydání:	2018
Předmět:	Finance Economics business.industry Politics 05 social sciences Fuzzy set Stability (learning theory) 0506 political science Management Information Systems Management of Technology and Innovation Risk allocation 0502 economics and business 050602 political science & public administration business Law 050203 business & management
Zdroj:	Public management review
ISSN:	1471-9045 1471-9037
DOI:	10.1080/14719037.2018.1428414
Popis:	In the last decade a considerable number of PPP contracts in Europe turned out to be instable and were renegotiated. This paper studies which combinations of conditions in terms of macro-level business environment and governmental PPP support and at project-level (remuneration scheme, risk allocation, project age and contract duration) contribute to avoid contract renegotiation, by conducting a qualitative comparative analysis of twenty five European road infrastructure projects. Results show that although the broader macro-level business environment has a clear contribution, contract stability can benefit from an availability-based remuneration scheme and a well-developed governmental PPP support in combination with other conditions.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7066a429baf9e2b82c91816e64d17753 https://doi.org/10.1080/14719037.2018.1428414 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
Nepřihlášeným uživatelům se plný text nezobrazuje	K zobrazení výsledku je třeba se přihlásit.