Viability of privatised transportation projects: An evaluation tool for design/build teams

Diekmann, J; Ashley, D; Bauman, R; Carroll, J and Finlayson, F (2000) Viability of privatised transportation projects: An evaluation tool for design/build teams. Journal of Construction Procurement, 6(1), pp. 33-43. ISSN 1358-9180

Abstract

This article describes a tool to help potential developers of privatized design/build transportation facilities identify high quality projects; the tool is called the Project Scoring Table (PST). Development of the PST occurred after a thorough literature review and extensive fact-finding interviews. On one level, ignoring its evaluative functions, the PST provides a concise compendium of issues important to privatized transportation projects. On another level, the PST is an evaluation tool for privatised transportation projects. The PST identifies nine high-level evaluation criteria for a privatised project, ranging from the political circumstances of the project to its environmental cleanup needs. Using the PST helps both the public agency and their private partner evaluate potential projects in three ways. First, it helps establish the overall viability of the project. Second, it helps define the balance between owner and design/builder. Finally, it helps the partners define where their interests are coincident and where they diverge.

Item Type: Article
Uncontrolled Keywords: design/Build, public private partnership, privatisation, transportation development, infrastructure development, project delivery systems
Index terms: builder, owner, transportation development, agency, evaluation tool, transportation project, literature review, public private partnership, infrastructure development, privatization, interview, project delivery
Subjects: urban planning, evaluation and assessment methods, economic analysis, project delivery, data analysis and analytics, infrastructure engineering, data collection methods, practitioner, sociology, infrastructure and transport systems, contractual arrangements
Topics: Research Practice, Business Strategy, Engineering Principles, Roles and Professions, Stakeholder Management, Procurement
Descriptive scope: 5 PCTEA

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