Enhanced descriptions from Syndetics:

Bult-Spiering & Dewulf: Strategic Issues in PPP: Back Cover Text - draft

This book provides a theoretical basis for examining public-private partnerships (PPP) so as to give researchers a better understanding of PPP and to develop a more strategic approach to the subject.

It analyses the various characteristics and approaches of PPP, drawing on a number of international studies, particularly from Europe and the USA, and it provides a thorough review of the literature. It looks, in particular, at two main PPP procurement systems: concessions and joint ventures.

The Authors

Mirjam Bult-Spiering is assistant professor Public-Private Governance of the Department Construction Management & Engineering at the University of Twente, The Netherlands.

Geert Dewulf is professor of Planning & Development of the Department Construction Management & Engineering at the University of Twente, The Netherlands.

Also of Interest

Public-Private Partnerships

- Managing Risks and Opportunities

Edited by Akintola Akintoye

Matthias Beck & Cliff Hardcastle

0-632-06465-X

Value and Risk Management

- A Guide to Best Practice

Michael F. Dallas

Published on behalf of the

Chartered Institute of Building

1-4051-2069-X

Cover illustrations courtesy of George Jautze, ING Real Estate General Management (Nijmegen-Marienburg) and Erik Hermsen, Strukton Integrale Projecten (Montaigne)

Cover design by Simon Witter

Table of contents provided by Syndetics

• About the authors (p. vii)
• Contributors (p. viii)
• Preface (p. ix)
• Acknowledgements (p. xi)
• 1 Introduction (p. 1)
• 1.1 Public-private spectrum (p. 2)
• 1.2 History (p. 7)
• 1.3 Global perspective (p. 9)
• 1.4 Structure of this book (p. 13)
• 2 Characteristics of Public-Private Partnerships (p. 16)
• 2.1 Definitions (p. 25)
• 2.2 General characteristics of PPPs (p. 19)
• 2.2.1 Creating PPPs (p. 21)
• 2.2.2 The functioning of PPPs (p. 29)
• 2.3 Construction sector PPPs (p. 33)
• 2.3.1 Urban development (p. 34)
• 2.3.2 Transport infrastructure (p. 34)
• 2.3.3 Social infrastructure (p. 35)
• 2.4 Problems in PPP practice (p. 35)
• 2.4.1 Product performance (p. 36)
• 2.4.2 Process performance (p. 37)
• 2.5 Summary (p. 41)
• 3 Procurement Systems in Construction: Europe and USA (p. 47)
• 3.1 Procurement in construction (p. 47)
• 3.2 PPP procurement systems (p. 50)
• 3.2.1 Concessions (p. 50)
• 3.2.2 Joint ventures (p. 55)
• 3.2.3 Comparison (p. 57)
• 3.3 European and American context (p. 58)
• 3.3.1 Europe (p. 59)
• 3.3.2 USA (p. 64)
• 3.4 Summary (p. 68)
• 4 Concessions (p. 72)
• 4.1 Concept of concession arrangements (p. 72)
• 4.2 State of the art (p. 74)
• 4.2.1 United Kingdom (p. 74)
• 4.2.2 Spain (p. 77)
• 4.2.3 Portugal (p. 79)
• 4.2.4 The Netherlands (p. 83)
• 4.2.5 United States of America (p. 84)
• 4.2.6 Other countries (p. 85)
• 4.3 Value for money and motives (p. 87)
• 4.3.1 United Kingdom (p. 90)
• 4.3.2 Spain (p. 92)
• 4.3.3 Portugal (p. 93)
• 4.3.4 The Netherlands (p. 94)
• 4.3.5 United States of America (p. 95)
• 4.4 Tendering and selection procedures (p. 961)
• 4.4.1 Spanish system (p. 96)
• 4.4.2 Anglo-Saxon model (p. 98)
• 4.5 Performance of concession PPPs (p. 103)
• 4.5.1 Product performance (p. 104)
• 4.5.2 Process performance (p. 110)
• 4.6 Lessons (p. 111)
• 4.6.1 Conditions for success (p. 111)
• 4.6.2 Improvements (p. 113)
• 4.7 Summary (p. 115)
• 5 Examples of Concession Projects in Europe (p. 119)
• 5.1 European policy (p. 119)
• 5.2 Concessions in schools: the case of Montaigne Lyceum (p. 120)
• 5.3 Concessions in transport infrastructure: the case of Metro de Sevilla (p. 122)
• 5.4 Concessions in hospitals: the case of West Middlesex University Hospital (p. 126)
• 5.5 PPP in infrastructure: Europe (p. 128)
• 5.5.1 Creating concession PPPs (p. 128)
• 5.5.2 Procurement rules and selection criteria (p. 129)
• 5.5.3 Performance (p. 130)
• 5.6 Summary (p. 132)
• 6 Joint Ventures (p. 134)
• 6.1 Project-based joint ventures (p. 137)
• 6.1.1 Characteristics (p. 137)
• 6.1.2 Motives (p. 138)
• 6.2 Complex urban area development (p. 139)
• 6.2.1 Multi-function approach (p. 140)
• 6.2.3 Multi-actor approach (p. 143)
• 6.3 Organizational aspects of joint-venture PPPs (p. 146)
• 6.3.1 Scope and balance (p. 146)
• 6.3.2 Phasing and procedures (p. 146)
• 6.3.3 Procurement and risks (p. 148)
• 6.4 Performance of joint venture PPPs (p. 150)
• 6.4.1 Product performance (p. 152)
• 6.4.2 Process performance (p. 153)
• 6.5 Lessons (p. 153)
• 6.5.1 Conditions for success (p. 154)
• 6.5.2 Improvements (p. 154)
• 6.6 Summary (p. 155)
• 7 Examples of Joint Venture Projects in the USA (p. 158)
• 7.1 American urban and regional policy (p. 158)
• 7.1.1 Smart growth (p. 161)
• 7.1.2 New urbanism (p. 161)
• 7.2 Joint ventures in city redevelopment: the case of Baltimore (p. 162)
• 7.3 Joint ventures in transit-oriented development: the case of Portland (p. 165)
• 7.3.1 TOD characteristics (p. 165)
• 7.3.2 TOD key points (p. 167)
• 7.3.3 MAX light rail project: Portland, Oregon (p. 168)
• 7.4 PPP in complex urban area development (p. 170)
• 7.4.1 Creating joint venture PPPs (p. 170)
• 7.4.2 Social and commercial benefits (p. 170)
• 7.4.3 Performance (p. 171)
• 7.5 Summary (p. 172)
• 8 The Future of Public-Private Partnerships (p. 176)
• 8.1 Lessons (p. 176)
• 8.1.1 Expectations (p. 177)
• 8.1.2 Value for money (p. 178)
• 8.1.3 General lessons (p. 179)
• 8.2 Scope of PPPs (p. 182)
• 8.3 Portfolio strategies (p. 184)
• 8.3.1 Programmes (p. 185)
• 8.3.2 Regions (p. 186)
• 8.4 Examples of portfolio partnerships (p. 187)
• 8.4.1 NHS local improvement finance trust (p. 188)
• 8.4.2 Schools for the future (p. 192)
• 8.5 Enhancing PPPs (p. 195)
• 8.5.1 New trends in PPPs (p. 196)
• 8.5.2 PPP as a strategic choice (p. 197)
• 8.5.3 Research agenda for the future (p. 198)
• 8.6 Closing remarks (p. 200)
• Index (p. 203)

Author notes provided by Syndetics