Competitive Government: Public Private Partnerships

The Renegotiations of Public Private Partnerships in Transportation

Theory and Practice

Authors: Oliveira Cruz, Carlos, Miranda Sarmento, Joaquim

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  • Offers an overview of the theory of contracts and renegotiations  
  • Provides guidance on renegotiating transportation PPPs
  • Features several case studies from Europe and the Americas
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eBook $109.00
price for USA in USD
  • Due: April 19, 2021
  • ISBN 978-3-030-61258-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
Hardcover $139.99
price for USA in USD
  • Customers within the U.S. and Canada please contact Customer Service at +1-800-777-4643, Latin America please contact us at +1-212-460-1500 (24 hours a day, 7 days a week). Pre-ordered printed titles are excluded from promotions.
  • Due: February 19, 2021
  • ISBN 978-3-030-61257-3
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions & severe weather in the US may cause delays
About this book

This book provides a theoretical basis for understanding the phenomenon of renegotiations in Public Private Partnerships (PPPs). It analyzes the case of transport projects, and provides empirical evidence from a variety of real-world projects. What drives renegotiations? Why are some projects more likely to be renegotiated than others? What are the outcomes? How can we improve the performance of renegotiation processes? These questions form the core of discussion in this book. PPPs are a procurement model for the delivery of infrastructure and public services that have experienced significant growth over the last three decades, particularly in terms of the development of transportation projects. The empirical evidence suggests that most PPP projects are inevitably renegotiated, i.e., the original contract needs to be adapted to new and unforeseen circumstances. The impacts of these changes on the welfare of the respective stakeholders are frequently asymmetric. Most academic research and professional guidelines are focused on PPP contract design and preparation of the procurement process, and very little has been published on the management and, mainly, the process of renegotiating that will – in all likelihood – occur. This book fills this gap in the academic discussion. Several country-based analyses and case studies from Europe and the Americas provide the reader with practical applications of the theory.  


About the authors

Carlos Oliveira Cruz is an Associate Professor of Construction and Infrastructure Economics at Instituto Superior Técnico, University of Lisbon, Portugal, and a researcher at CERIS. He was an advisor to the Portuguese Secretary of State for Transportation and a visiting scholar at the Harvard Kennedy School, USA.

Joaquim Miranda Sarmento is an Assistant Professor of Finance at ISEG - Lisbon School of Economics and Management, Universidade de Lisboa, Portugal. He holds a PhD in Finance from Tilburg University, Netherlands. He was a chief economic advisor to the President of the Portuguese Republic and has worked at UTAO (Technical Budget Support Unit at parliament) and for more than 10 years at the Portuguese Ministry of Finance.


Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook $109.00
price for USA in USD
  • Due: April 19, 2021
  • ISBN 978-3-030-61258-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
Hardcover $139.99
price for USA in USD
  • Customers within the U.S. and Canada please contact Customer Service at +1-800-777-4643, Latin America please contact us at +1-212-460-1500 (24 hours a day, 7 days a week). Pre-ordered printed titles are excluded from promotions.
  • Due: February 19, 2021
  • ISBN 978-3-030-61257-3
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions & severe weather in the US may cause delays
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Bibliographic Information

Bibliographic Information
Book Title
The Renegotiations of Public Private Partnerships in Transportation
Book Subtitle
Theory and Practice
Authors
Series Title
Competitive Government: Public Private Partnerships
Copyright
2021
Publisher
Springer International Publishing
Copyright Holder
Springer Nature Switzerland AG
eBook ISBN
978-3-030-61258-0
DOI
10.1007/978-3-030-61258-0
Hardcover ISBN
978-3-030-61257-3
Series ISSN
2524-4183
Edition Number
1
Number of Pages
XVII, 180
Number of Illustrations
4 b/w illustrations, 7 illustrations in colour
Topics