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Alroomi, A, Jeong, D H S and Oberlender, G D (2012) Analysis of Cost-Estimating Competencies Using Criticality Matrix and Factor Analysis. Journal of Construction Engineering and Management, 138(11), 1270–80.
Chotibhongs, R and Arditi, D (2012) Detection of Collusive Behavior. Journal of Construction Engineering and Management, 138(11), 1251–8.
De Marco, A, Mangano, G, Corinna Cagliano, A and Grimaldi, S (2012) Public Financing into Build-Operate-Transfer Hospital Projects in Italy. Journal of Construction Engineering and Management, 138(11), 1294–302.
- Type: Journal Article
- Keywords: Build/Operate/Transfer; Financial factors; Project management; Health care facilities; Risk management; Regression analysis; Italy; Build/operate/transfer; Financial factors; Project management; Health-care facilities; Risk management; Regression analysis
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000545
- Abstract:
An empirical analysis is presented to investigate the factors that have significant influence on the share of public financing into the total initial investment required to develop build-operate-transfer (BOT) health-care projects. Based on a model describing the main risks associated with public participation in BOT projects, a linear regression analysis has been conducted on a data set of Italian BOT hospital projects to yield implications. Outcomes reveal that the size of investment, the financial strength of the concessionaire, the duration of the concession period, the number of services, and the level of borrowing of the local health-care granting agency are significant factors of the level of public funding. The study confirms that public funding is provided not only to cover the non-self-financing portion of investment but also as a way to undertake a project in periods of scarce public financial resources. The methodology may be useful to refine the decision criteria for determining the level of public funding of a BOT hospital project in order to gain an understanding of the value that could be obtained from funding similar projects.
Hwang, S, Park, M, Lee, H and Kim, H (2012) Automated Time-Series Cost Forecasting System for Construction Materials. Journal of Construction Engineering and Management, 138(11), 1259–69.
Kim, B, Lee, H, Park, H and Kim, H (2012) Framework for Estimating Greenhouse Gas Emissions Due to Asphalt Pavement Construction. Journal of Construction Engineering and Management, 138(11), 1312–21.
Lee, G and Kim, S (2012) Case Study of Mass Customization of Double-Curved Metal Façade Panels Using a New Hybrid Sheet Metal Processing Technique. Journal of Construction Engineering and Management, 138(11), 1322–30.
Pan, W, Dainty, A R J and Gibb, A G F (2012) Establishing and Weighting Decision Criteria for Building System Selection in Housing Construction. Journal of Construction Engineering and Management, 138(11), 1239–50.
Pan, W, Gibb, A G F and Dainty, A R J (2012) Strategies for Integrating the Use of Off-Site Production Technologies in House Building. Journal of Construction Engineering and Management, 138(11), 1331–40.
Shapira, A, Simcha, M and Goldenberg, M (2012) Integrative Model for Quantitative Evaluation of Safety on Construction Sites with Tower Cranes. Journal of Construction Engineering and Management, 138(11), 1281–93.
Xiang, P, Zhou, J, Zhou, X and Ye, K (2012) Construction Project Risk Management Based on the View of Asymmetric Information. Journal of Construction Engineering and Management, 138(11), 1303–11.
Zhang, L and Qi, J (2012) Controlling Path and Controlling Segment Analysis in Repetitive Scheduling Method. Journal of Construction Engineering and Management, 138(11), 1341–5.