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Public Private Partnerships: Look before you Leap into Marriage

Author

Listed:
  • D. De Clerck
  • E. Demeulemeester
  • W. Herroelen

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.

Suggested Citation

  • D. De Clerck & E. Demeulemeester & W. Herroelen, 2012. "Public Private Partnerships: Look before you Leap into Marriage," Review of Business and Economic Literature, Intersentia, vol. 57(3), pages 249-262, September.
  • Handle: RePEc:sen:rebelj:v:57:i:3:y:2012:p:249-262
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    Cited by:

    1. Laura Martiniello & Donato Morea & Francesco Paolone & Riccardo Tiscini, 2020. "Energy Performance Contracting and Public-Private Partnership: How to Share Risks and Balance Benefits," Energies, MDPI, vol. 13(14), pages 1-19, July.
    2. Zeilbeck, Severin, 2015. "An investment initiative for fiscally constrained EU member states: The role of synergetic financial instruments," IPE Working Papers 58/2015, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    3. Ganason, Vera, 2016. "Challenges of Public-Private Partnership in the Cultural Sector," MBA Research Papers 6139, Victoria University of Wellington, School of Management.

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