Public-Private Partnerships for Infrastructure, Third Edition explains how public-private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives. As the use of public-private partnerships continues to develop and evolve worldwide, this leading resource synthesizes the latest approaches, providing a comprehensive guide for those on both the public- and private-sector sides of the table.
The third edition has been updated throughout to reflect changes due to increased focus on climate issues and SDG priorities, new approaches to assessing Value for Money, new information on value capture, new and emerging risks, new market players, and more. This book emphasizes a step-by-step approach within a comprehensive, cross-referenced format. It includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic, and it uses detailed reference points for more experienced practitioners. It draws from the authors’ experience and practice in PPP markets worldwide to provide a perspective on practical application of the key underlying principles.
Public-Private Partnerships for Infrastructure, Third Edition is an invaluable resource for public sector PPP policymakers, project procuring authorities as well as private sector investors and lenders. Upper-division undergraduates and graduate students studying the delivery and financing of large projects will also find this book an ideal reference for public policy issues and structured finance.
- Takes a practical, sequential approach to the project development and implementation process
- Provides more technical information and a stronger legal perspective than other books
- Includes an extensive glossary of technical and financial terms used in the PPP sector
- New to this edition: new content throughout the book reflecting changes due to increased focus on climate issues and SDG priorities; latest approaches to assessing Value for Money, value capture/mobilizing different sources of funding, and procurement processes; new risks, especially construction inflation and supply risks; recent developments in public sector forms of support; emerging challenges in contract management; updates on market players; new emerging PPP models and the latest debates and polemics
