Global Developments in Public Infrastructure Procurement

Darrin Grimsey and Mervyn K. Lewis

in Books from Edward Elgar Publishing

Abstract: There is widespread acceptance of the importance of infrastructure, but less agreement about how it should be funded and procured. While most public infrastructure is still provided in-house or by traditional procurement methods – with well-researched strengths and weaknesses – the development of service concession arrangements has seen a greater emphasis on lifecycle costing, risk assessment and asset design as featured in a variety of public private partnership (PPP) delivery models. This book examines the various procurement approaches, and provides a framework for comparing their advantages and disadvantages. Drawing on international experience, it considers some of the best and worst examples of PPPs, and infrastructure projects generally, along with the lessons for improving infrastructure procurement processes.

Keywords: Economics and Finance; Urban and Regional Studies (search for similar items in EconPapers)
JEL-codes: H0 (search for similar items in EconPapers)
Date: 2017
ISBN: 9781848446304
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Citations: View citations in EconPapers (1)

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Chapters in this book:

Ch 1 Infrastructure provision , pp 1-16

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Ch 2 Why is infrastructure of such significance? , pp 17-46

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Ch 3 The evolution of infrastructure services , pp 47-80

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Ch 4 The promise of public–private partnerships , pp 81-115

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Ch 5 Implementing a partnership agenda , pp 116-143

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Ch 6 Risk analysis in procurement , pp 144-177

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Ch 7 Comparing public infrastructure procurement models , pp 178-210

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Ch 8 Choosing amongst infrastructure procurement approaches , pp 211-229

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Ch 9 The problems of large (mega)projects , pp 230-278

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Ch 10 Funding of infrastructure , pp 279-296

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Ch 11 Conclusions , pp 297-313

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Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:13608

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