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Asmar, M E, Hanna, A S and Whited, G C (2011) New Approach to Developing Conceptual Cost Estimates for Highway Projects. Journal of Construction Engineering and Management, 137(11), 942–9.

Bogus, S M, Diekmann, J E, Molenaar, K R, Harper, C, Patil, S and Lee, J S (2011) Simulation of Overlapping Design Activities in Concurrent Engineering. Journal of Construction Engineering and Management, 137(11), 950–7.

Cass, D and Mukherjee, A (2011) Calculation of Greenhouse Gas Emissions for Highway Construction Operations by Using a Hybrid Life-Cycle Assessment Approach: Case Study for Pavement Operations. Journal of Construction Engineering and Management, 137(11), 1015–25.

Cheng, Y, Yu, C and Wang, H (2011) . Journal of Construction Engineering and Management, 137(11), 933–41.

Hallowell, M R and Calhoun, M E (2011) Interrelationships among Highly Effective Construction Injury Prevention Strategies. Journal of Construction Engineering and Management, 137(11), 985–93.

Jin, X (2011) Model for Efficient Risk Allocation in Privately Financed Public Infrastructure Projects Using Neuro-Fuzzy Techniques. Journal of Construction Engineering and Management, 137(11), 1003–14.

Kim, B and Reinschmidt, K F (2011) Combination of Project Cost Forecasts in Earned Value Management. Journal of Construction Engineering and Management, 137(11), 958–66.

Marques, R C and Berg, S (2011) Risks, Contracts, and Private-Sector Participation in Infrastructure. Journal of Construction Engineering and Management, 137(11), 925–32.

  • Type: Journal Article
  • Keywords: Contracts; Infrastructure; Private sector; Partnerships; Risk management; Utilities; Water distribution systems; Contracts; Infrastructure; Private-sector participation; Public–private partnerships; Risks; Water utilities;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000347
  • Abstract:
    This article examines how risk is reflected in infrastructure regulatory contracts, using examples from water utilities to illustrate key points. Partnerships between public and private sectors in intensive capital network services require risks to be assigned to the contractual party that is better able to mitigate them or to bear them. After identifying risks that must be addressed in infrastructure contracts, their classification, allocation, and impact are presented along with the measures to minimize risks. Two contracts in the water sector in Portugal are analyzed. One arrangement corresponds to a public–private partnership (PPP) of the purely contractual type (concession arrangement) and the other to an institutionalized PPP (mixed company). We conclude that risk is a key issue in contracts with the private sector; an appropriate allocation of risks is a necessary condition for successful contracts.

Song, Y and Chua, D K H (2011) Requirement and Availability Time-Window Analysis of Intermediate Function. Journal of Construction Engineering and Management, 137(11), 967–75.

Unsal, H I and Taylor, J E (2011) Absorptive Capacity of Project Networks. Journal of Construction Engineering and Management, 137(11), 994–1002.

Young, D A, Haas, C T, Goodrum, P and Caldas, C (2011) Improving Construction Supply Network Visibility by Using Automated Materials Locating and Tracking Technology. Journal of Construction Engineering and Management, 137(11), 976–84.