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Adewumi, A S, Onyango, V, Moyo, D and AlWaer, H (2019) A review of selected neighbourhood sustainability assessment frameworks using the Bellagio STAMP. International Journal of Building Pathology and Adaptation, 37(01), 108–18.

Agyekum, K, Blay, K and Opoku, A (2019) Mechanisms for preventing rising damp in new building infrastructure. International Journal of Building Pathology and Adaptation, 37(01), 87–107.

Ahmad Shazali, A S and Tahar, K N (2019) Virtual 3D model of Canseleri building via close-range photogrammetry implementation. International Journal of Building Pathology and Adaptation, 38(01), 217–27.

Al-Kheetan, M J, Rahman, M M and Chamberlain, D A (2018) Remediation and protection of masonry structures with crystallising moisture blocking treatment. International Journal of Building Pathology and Adaptation, 36(01), 77–92.

Alao, O O and Jagboro, G O (2017) Assessment of causative factors for project abandonment in Nigerian public tertiary educational institutions. International Journal of Building Pathology and Adaptation, 35(01), 41–62.

Ali, A S, Azmi, N F and Baaki, T K (2018) Cost performance of building refurbishment works: the case of Malaysia. International Journal of Building Pathology and Adaptation, 36(01), 41–62.

Amadi, A and Higham, A P (2019) A cost trajectory to environmentally adaptive building construction in wet humid settings. International Journal of Building Pathology and Adaptation, 38(01), 68–88.

Ashdown, M M, Crawley, J, Biddulph, P, Wingfield, J, Lowe, R and Elwell, C A (2019) Characterising the airtightness of dwellings. International Journal of Building Pathology and Adaptation, 38(01), 89–106.

Blay, K, Agyekum, K and Opoku, A (2019) Actions, attitudes and beliefs of occupants in managing dampness in buildings. International Journal of Building Pathology and Adaptation, 37(01), 42–53.

Crawley, J, Biddulph, P, Wingfield, J, Ashdown, M, Lowe, R and Elwell, C (2019) Inferring the as-built air permeability of new UK dwellings. International Journal of Building Pathology and Adaptation, 38(01), 3–19.

Djebbar, K E, Salem, S and Mokhtari, A (2019) Assessment of energy performance using bottom-up method. International Journal of Building Pathology and Adaptation, 38(01), 192–216.

Enshassi, A, Ayash, A and Mohamed, S (2018) Key barriers to the implementation of energy-management strategies in building construction projects. International Journal of Building Pathology and Adaptation, 36(01), 15–40.

Erkoreka, A, Flores-Abascal, I, Escudero, C, Martin, K, Millan, J A and Sala, J M (2019) Flat roof hygrothermal performance testing and evaluation. International Journal of Building Pathology and Adaptation, 38(01), 148–75.

Flood, C and Scott, L (2019) Thermal analysis and post construction verification. International Journal of Building Pathology and Adaptation, 38(01), 51–67.

Gerges, M, Mayouf, M, Rumley, P and Moore, D (2017) Human behaviour under fire situations in high-rise residential building. International Journal of Building Pathology and Adaptation, 35(01), 90–106.

Gupta, R, Gregg, M and Cherian, R (2019) Developing a new framework to bring consistency and flexibility in evaluating actual building performance. International Journal of Building Pathology and Adaptation, 38(01), 228–55.

Hamidane, H, Ababneh, A, Messabhia, A and Xi, Y (2019) Modeling of chloride penetration in concrete structures under freeze-thaw cycles. International Journal of Building Pathology and Adaptation, 38(01), 127–47.

Hosseini, M R, Roelvink, R, Papadonikolaki, E, Edwards, D J and Pärn, E (2018) Integrating BIM into facility management. International Journal of Building Pathology and Adaptation, 36(01), 2–14.

Ibraheem, Y, Piroozfar, P A, Farr, E R and Ravenscroft, N (2019) Methodological evaluation of Integrated Façade Systems. International Journal of Building Pathology and Adaptation, 38(01), 107–26.

Jandali, D and Sweis, R (2019) Factors affecting maintenance management in hospital buildings. International Journal of Building Pathology and Adaptation, 37(01), 6–21.

Kayan, B A (2017) Green maintenance for heritage buildings: paint repair appraisal. International Journal of Building Pathology and Adaptation, 35(01), 63–89.

Li, M, Allinson, D and Lomas, K (2019) Estimation of building heat transfer coefficients from in-use data. International Journal of Building Pathology and Adaptation, 38(01), 38–50.

Md Ali, Z, Zawawi, R, Myeda, N E and Mohamad, N (2019) Adaptive reuse of historical buildings. International Journal of Building Pathology and Adaptation, 37(01), 54–68.

O’Connell, S, Reynders, G, Seri, F, Sterling, R and Keane, M M (2019) A standardised flexibility assessment methodology for demand response. International Journal of Building Pathology and Adaptation, 38(01), 20–37.

Ogbeifun, E, Mbohwa, C and Pretorius, J C (2018) Developing an effective renovation plan: the influence of data collection tools. International Journal of Building Pathology and Adaptation, 36(01), 63–76.

Opawole, A and Jagboro, G O (2018) Compensation mechanisms for minimizing private party risks in concession-based public-private partnership contracts. International Journal of Building Pathology and Adaptation, 36(01), 93–120.

• Type: Journal Article
• Keywords: Contract; Risks; Compensation; Concession;
• ISBN/ISSN: 2398-4708
• URL: https://doi.org/10.1108/IJBPA-09-2017-0041
• Abstract:
  The purpose of this paper is to develop compensation mechanisms against risks factors that impact private party’s costs in concession-based projects as a basis for minimizing failure rate of concession contracts. The study extended earlier work on the factors that impact private party’s costs in concession-based projects by developing compensation mechanisms against the risks factors. It commenced with semi-structured face-to-face interviews which were launched with different stakeholders organizations that had been involved in PPP contracts in the Southwestern Nigeria. Responses from the interview were analyzed using interpretative phenomenal analysis via ATLAS.ti6/7. The mechanisms identified from literature review were assessed through structured questionnaire which were administered on professionals selected from governmental-based organizations (ministries, agencies, corporations/parastatals, etc.), private developers/concessionaires, law firms, banks among others, using the respondent-driven sampling technique. The robustness of the quantitative data was achieved by including the initial respondents to the interview in the questionnaire survey. The quantitative data were analyzed using percentile for better understanding of the flexibility between “most” and “more” preferred mechanisms. The criterion for the selection of appropriate mechanism(s) for the factors was based on minimum average of 20.0 percent (the ratio of maximum percentage (100 percent) of the respondents to total number of variables) suggesting the five identified mechanisms. The results in both cases of qualitative and quantitative assessments were compared. Based on the convergences of the findings, preferred compensation mechanisms were developed against concession contract risk factors. Options of mechanisms were developed against specific investment risks that are consequent to the defaults of the public party in PPP contracts. The findings indicate that the mechanisms in extant literature with respect to administration of traditional models are relevant for PPPs. The study, however, identified new concepts, including “compensative” “zero compensation,” “equitable sharing” and “adjustment of concession period,” which are suitable in specific cases of PPP contracts. The study contributes to the body of knowledge on mechanisms for improving PPP project performance. Moreover, insights were provided on mechanisms that satisfy private investor in case of specific risk factors investigated. The findings are therefore expected to guide private party in the preparation of concession contract package that minimizes investments risks and thereby attracting more private investors both from local and international environments. The findings of the study would also contribute to the body of information for documenting standard conditions of concession contract in Nigeria. Studies on critical performance factors on PPP were extended by developing compensation mechanisms against the investment risks that impact private party’s cost.

Rogage, K, Clear, A, Alwan, Z, Lawrence, T and Kelly, G (2019) Assessing building performance in residential buildings using BIM and sensor data. International Journal of Building Pathology and Adaptation, 38(01), 176–91.

Spennemann, D H, Pike, M and Watson, M J (2017) Effects of acid pigeon excreta on building conservation. International Journal of Building Pathology and Adaptation, 35(01), 2–15.

Sweis, R, Moarefi, A, Hoseini-Amiri, S and Moarefi, S (2019) Delay factors of the schedule of strategic industrial projects. International Journal of Building Pathology and Adaptation, 37(01), 69–86.

Tade, O, O’Neill, S, Smith, K G, Williams, T, Ali, A, Bayyati, A and See, H (2019) Modified sewer asset management to accommodate London’s future sustainable development. International Journal of Building Pathology and Adaptation, 37(01), 22–41.

Zuhaib, S, Manton, R, Hajdukiewicz, M, Keane, M M and Goggins, J (2017) Attitudes and approaches of Irish retrofit industry professionals towards achieving nearly zero-energy buildings. International Journal of Building Pathology and Adaptation, 35(01), 16–40.