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A 3P Model: Construction of General Residential Accommodations in Delhi

Singh Jyotsna and Shiva Prasad H C

EconStor Open Access Articles and Book Chapters, 2018, vol. 9, issue 1, 56-71

Abstract: The Public-Private Partnerships (3Ps) is a proven model in many countries and the past its implementation in many domains like transportation, power, water and sanitary, education and for an affordable housing project. With the application of 3P in the General pool, residential accommodation houses construction for the Government employees based on rationing has created a gap in which all the parties’ cooperation helps in attain the desired goal and support in overcoming the problems. The private sector contributes through their quick access to funds, investment potential, efficiency, innovativeness, and skills, while the government organisations are responsible for accessing the risks and meeting the responsibilities. This research focuses the issues on implementing the 3P model for General Pool residential building with a model evaluation study. The study results indicate the factors responsible for successful implementation and peril perceptions of different stakeholders. This model of 3P’s is suitable for evaluation of policy framework with the Government of India.

Keywords: Public-Private Partnerships (3Ps); general pool residential accommodation; critical success; critical restricting factors (search for similar items in EconPapers)
JEL-codes: R58 (search for similar items in EconPapers)
Date: 2018
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