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Public Private Partnerships: Look before you Leap into Marriage

D. De Clerck, E. Demeulemeester and W. Herroelen

Review of Business and Economic Literature, 2012, vol. 57, issue 3, 249-262

Abstract: Public Private Partnerships (PPP) have gained importance since they have seen the daylight. The synergies and value for money that can be created by engaging in a long-term commitment can be appealing, but as in every marriage planning is a necessity. This research focuses on the two important issues in planning. Firstly, it considers how the tendering phase should be concluded while guaranteeing the best of both worlds, namely public provision with private engagements. Secondly, the most common practices for managing risks are studied. The literature shows that the societal relevance of this topic is increasing, but research findings in other project planning areas should be extrapolated to this peculiar way of contracting.

Date: 2012
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Handle: RePEc:sen:rebelj:v:57:i:3:y:2012:p:249-262