The impact of contract characteristics on the performance of public–private partnerships (PPPs)
By E. Klijn, J. Koppenjan. 2016
125 citations recorded by the source corpus.
Four significant features of public–private partnership (PPP) contracts are analysed to understand their impact on performance. These are whether the contract allows sanctions to be imposed; its complexity; its flexibility; and whether renegotiation is possible. The effects of these characteristics were investigated by surveying participants in all of the PPP projects in The Netherlands. The only feature considered to have any significant impact on perceived performance was the possibility of imposing sanctions. The authors’ findings cast doubt on earlier research into managing PPP performance and suggest that researchers, governments and the private sector need to look beyond contract terms to properly understand and manage PPP performance.
Subfields: Finance, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/d07b69ae151742afad3806e3dd71b9f7acc32834
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Citations in the corpus
- What makes public-private partnerships work? Survey research into the outcomes and the quality of cooperation in PPPs (2018, background): “In another article, we analysed the impact of contractual characteristics on DBFMO (Design, Built, Finance, Maintenance and Operating) partnerships (see Klijn and Koppenjan 2016b) and concluded that they were not significantly related to the (perceived) outcomes of partnerships.”