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Cross-sector Analysis of Four Renegotiated Transport PPPs in Portugal

Author

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  • Maria Do Rosário Maurício Ribeiro Macário
  • Joana Duarte Costa
  • Joana André Matias Ribeiro

Abstract

This paper uses the Fertagus renegotiation results as a reference and explores the features that made it such a widely commended case, aiming to identify the best practice to be followed in other cases. The two main questions that this paper aimed to respond were: Was the success of the renegotiation process in the Fertagus contract due to mode-specific factors? Are those factors (mode specific or not) transferable to other modes under public private partnership (PPP) contracts and if so, to what extent? Regarding the mode specificity and transferability analysis, it can be noticed that much of the features were not mode specific in theory, however for the successful transferability to other transport modes, some changes should be made to the PPP model taking into account modal specificities and national contexts.

Suggested Citation

  • Maria Do Rosário Maurício Ribeiro Macário & Joana Duarte Costa & Joana André Matias Ribeiro, 2015. "Cross-sector Analysis of Four Renegotiated Transport PPPs in Portugal," Transport Reviews, Taylor & Francis Journals, vol. 35(2), pages 226-244, March.
  • Handle: RePEc:taf:transr:v:35:y:2015:i:2:p:226-244
    DOI: 10.1080/01441647.2015.1012755
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    Cited by:

    1. Domingues, Sérgio & Sarmento, Joaquim Miranda, 2016. "Critical renegotiation triggers of European transport concessions," Transport Policy, Elsevier, vol. 48(C), pages 82-91.
    2. Dimas de Castro e Silva Neto & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2017. "Understanding the patterns of PPP renegotiations for infrastructure projects in Latin America," Competition and Regulation in Network Industries, , vol. 18(3-4), pages 271-296, September.
    3. Ricardo Ferreira Reis & Joaquim Miranda Sarmento, 2019. "“Cutting costs to the bone”: the Portuguese experience in renegotiating public private partnerships highways during the financial crisis," Transportation, Springer, vol. 46(1), pages 285-302, February.

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