Zhang, X Q and Kumaraswamy, M M (2001) Procurement protocols for public-private partnered projects. Journal of Construction Engineering and Management, 127(5), pp. 351-358. ISSN 0733-9364
Abstract
Infrastructure megaprojects have often failed to meet original stakeholder expectations in both "pure" free markets and totally central-planned economies. Such failures provide the rationale for public-private partnerships (PPPs) that synergize both public and private strengths. Build-operate-transfer (BOT) type schemes are a popular type of PPP. They improve project procurement environments by changing traditionally adversarial scenarios to partnerships that integrate finance, design, construction, and operation. Many countries are still inexperienced in the complexities and implications of PPPs. The growing body of multi-country experiences in this domain needs to be tapped through comparison and benchmarking. Various kinds of BOT-type infrastructure developments in both developed and developing countries are compared in this paper to identify strengths from successful approaches and to draw lessons from less successful or abortive projects. Particular examples include toll roads in the United States, the Private Finance Initiative in the United Kingdom, and BOT and its variants in China. The experiences derived and lessons drawn are expected to improve the procurement protocols of public clients in future partnered infrastructure projects.
| Item Type: | Article |
|---|---|
| Index terms: | markets, benchmarking, United Kingdom, build-operate-transfer, United States, developing country, toll, megaproject, infrastructure project, China, public client, private finance initiative, complexity, partnership, project procurement, infrastructure development |
| Subjects: | strategic project management, infrastructure and transport systems, contractual arrangements, development economics, sociology, performance measurement, transportation engineering, infrastructure engineering, systems engineering, partnership management, Geography, economic analysis |
| Topics: | Engineering Principles, Procurement, Quality Management, Business Strategy, Stakeholder Management, Project Management, International Construction, Geographical Context |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here