000 01885naa a2200229uu 4500
001 6032215472121
003 OSt
005 20190211160727.0
008 060322s2006 xx ||||gr |0|| 0 eng d
100 1 _aBING, Li
_923635
245 1 0 _aThe allocation of risk in PPP/PFI construction projects in the UK
260 _aAmsterdam :
_bElsevier,
_cJanuary 2005
520 3 _aPublic/private partnership (PPP) procurement is seen as an effective way to achieve value for money (VFM) in public infrastructure projects. The Private Finance Initiative (PFI) in the UK is a form of PPP that seeks to combine the advantages of competitive tender and flexible negotiation, and transfer risk away from the public sector. The final risk allocation agreement is reached along with overall contract agreement. It is important for the public client and the private bidders to assess all the potential risks through the whole project life.
520 3 _aA questionnaire survey was conducted to explore preferences in risk allocation. Analysis of the response data shows that some risks should still be retained within the public sector or shared with the private sector. These are mainly macro and micro level risks. The majority of risks in PPP/PFI projects, especially those in the meso level risk group, should be allocated to the private sector. However, there are a few risks where unilateral allocation is not always obvious.
520 3 _aThe research findings should enable public sector clients to establish more efficient risk allocation frameworks in the early stages of project development.
700 1 _aAKINTOYE, A.
_923636
700 1 _aEDWARDS, P.J.
_923637
700 1 _aHARDCASTLE, C.
_923638
773 0 8 _tInternational Journal of Project Management
_g23, 1, p. 25-35
_dAmsterdam : Elsevier, January 2005
_xISSN 0263-7863
_w
942 _cS
998 _a20060322
_b1547^b
_cNatália
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c15075
_d15075
041 _aeng