THE PUBLIC PRIVATE PARTNERSHIP ACCELERATION LAW IN GERMANY AND ITS EFFECTS ON CURRENT PRACTICE

Tatjana Lohmann

ERES from European Real Estate Society (ERES)

Abstract: In 2005 Germanyís government decided a new law to improve the conditions for Public Private Partnerships. Half a year after coming into effect itís time to take stock of the effects on current practice. After a prefacing overview of the current PPP-market in Germany the paper gives a short review of the modifications of seven federal laws which are caused by the acceleration law. As public procurement law is modified the ordering party is now able to use a more liberal procedure to find the best bidder for a planned project. The so-called dialog competition is an achievement for both parties - public and private. As it is less restricted than previous methods it allows modifications and accommodations in required demands during the bidding process. But due to certain unclear phrasings and after the first experiences it seems that the law should be upgraded. Changes in the Bundeshaushaltsordnung - the law that restricts the rights of public authorities - caused that it is now possible to transfer public real estate even if they are further on needed for the fulfillment of public assignments. In combination with the reorganisation of the investment law this means new opportunities and chances for the public real estate market in Germany. The aim of the paper is to assess to what extend the private investor is now able to participate in this market. For that purpose the resumee includes an overview of drawbacks and opportunities connected with the acceleration law and points out suggestions for improvements.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2006-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2006-259 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2006_259

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().