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Edited by: Mark Arnold KC, Simon Mortimore KC
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Public-Private Partnership Projects in Infrastructure: An Essential Guide for Policy Makers 2nd ed


ISBN13: 9781316645505
Previous Edition ISBN: 9780521152280
Published: October 2017
Publisher: Cambridge University Press
Country of Publication: UK
Format: Paperback
Price: £31.99



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Infrastructural investment is critical to economic growth, quality of life, poverty reduction, access to education, health care, and the achievement of many of the goals of a robust economy.

But infrastructure is difficult for the public sector to get right. Public-private partnerships (PPPs) can help; they can provide more efficient procurement, focus on consumer satisfaction and lifecycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own.

This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs; providing a step-by-step analysis of the development of PPP projects; and explaining how financing works, what contractual structures look like, and how risk allocation works in practice.

It includes specific discussion of each infrastructure sector, with a focus on the strategic and policy issues essential for successful development of infrastructure through PPPs. This second edition includes new sections on institutional frameworks, mechanisms for leveraging public financing, small scale PPP projects and more.

Subjects:
Construction Law, Banking and Finance
Contents:
1. Introduction
2. PPP frameworks
3. Public support
4. Preparing, procuring and implementing transactions
5. Financing PPP and the fundamentals of project finance
6. Local currency finance
7. Allocation of risk
8. The contractual structure
9. Project implementation
10. Sector and specific project issues.