Evaluating the risks of public private partnerships for infrastructure projects

By Darrin Grimsey, Mervyn K. Lewis. 2002

974 citations recorded by the source corpus.

Subfields: Political Science and International Relations, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/3110d61ab03f9d9deca12fb0a8028b03adee0883

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Citations in the corpus

Public private partnership projects in Singapore factors, critical risks and preferred risk allocation from the perspective of contractors / (2013, background): “In addition, it is necessary to balance the risks and rewards of public and private sectors in PPP projects (Grimsey and Lewis, 2002).”
The State of the Practice of Value for Money Analysis in Comparing Public Private Partnerships to Traditional Procurements (2008, methodology): “(Grimsey & Lewis, 2002, p. 108) The use of PPPs has gained increasing global popularity throughout the years.”
Public private partnerships in China (2006, background): “These include education, housing, health care, transportation, social care and many other areas commonly associated with the public sector (Grimsey and Lewis, 2002).”
Incentive mechanism for inhibiting investors' opportunistic behavior in PPP projects (2016, background): “…to use the expertise and funds from the private sectors to reduce their infrastructure deficits; in this regard, researchers around the world are trying to explore the implementation and operation of PPP (Chan et al., 2010; Cheung et al., 2012; Grimsey and Lewis, 2002; Osei-Kyei and Chan, 2015).”
Planting the Living City (2011, background): “Their calls for assessment extend to public–private infrastructure projects where researchers have found “contradictory results regarding their effectiveness” (Hodge & Greve, 2007, p. 545; see also Grimsey & Lewis, 2002).”
Structural Equation Model for Evaluating Factors Affecting Quality of Social Infrastructure Projects (2018, background): “Social infrastructure projects (SIP) (hospitals, prisons, courts, educational institutions, government accommodation, and others) are the combination of sub-sectors that facilitate social development and enhance quality of life [9], particularly constructed to serve the community at large.”
Flexible contracts to cope with uncertainty in public–private partnerships (2013, background): “Nevertheless, this has also been seen regarding the risk sharing between the two agents, and not so much concerning the value maximisation of the project (Chiara et al., 2007; Grimsey and Lewis, 2002; Lonsdale, 2005; Meda, 2007).”
A life‐cycle risk management framework for PPP infrastructure projects (2008, background): “…project, can come from the private sector innovation and skills in asset design, construction techniques and operational practices, and also from transferring key risks in design, construction delays, cost overruns and finance and insurance to private sector entities (Grimsey and Lewis, 2002).”
Public–private partnership projects in Greece: risk ranking and preferred risk allocation (2008, background): “The identification of risk preferences prior to project procurement and contract negotiation is important in project ex‐ante evaluation, confirming value‐for‐money for the public sector and robust revenue flows for the private sector (Grimsey and Graham, 1997 ; Grimsey and Lewis, 2002 ).”
Risk identification for PPP waste-to-energy incineration projects in China (2013, background): “…(Estache et al., 2007); (iii) legal effectiveness issues (Zhang, 2005b); (iv) operation risk containing operation cost overrun (Grimsey and Lewis, 2002), tariff/toll change (Ng and Loosemore, 2007), and expense payment risk (Shen et al., 2006); (v) market demand change (Ke et al., 2010);…”
Critical factors and risk allocation for PPP policy: Comparison between HSR and general infrastructure projects (2012, background): “(3) Preferred risk allocation: Optimal risk allocation is considered the key factor in the success of a PPP project (Grimsey and Lewis, 2002; Li et al., 2005; Tang et al., 2010; Zhang, 2005a).”