Abstracts – Browse Results
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Al-Homoud, M S and Khan, M M (2004) Assessing safety measures in residential buildings in Saudi Arabia. Building Research & Information, 32(04), 300–5.
Al-Sabah, R, Menassa, C C and Hanna, A (2014) Evaluating impact of construction risks in the Arabian Gulf Region from perspective of multinational architecture, engineering and construction firms. Construction Management and Economics, 32(04), 382-402.
Andreu, I C and Oreszczyn, T (2004) Architects need environmental feedback. Building Research & Information, 32(04), 313–28.
Bowen, P, Allen, Y, Edwards, P, Cattell, K and Simbayi, L (2014) Guidelines for effective workplace HIV/AIDS intervention management by construction firms. Construction Management and Economics, 32(04), 362-81.
Carbonara, N, Costantino, N and Pellegrino, R (2014) Revenue guarantee in public-private partnerships: a fair risk allocation model. Construction Management and Economics, 32(04), 403-15.
- Type: Journal Article
- Keywords:
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2014.906638
- Abstract:
Public-private partnerships (PPPs) are adopted throughout the world for delivering public infrastructure. Despite the attractiveness of the PPP structure, its implementation has not been without trouble due to multiple uncertainties embedded with PPP projects. Private investors often require some mitigation of these risks through government support. One of the most common forms of government support is minimum revenue guarantee (MRG). A real option-based model is developed that uses a new mechanism for setting the revenue guarantee level secured by the government, which balances the private sector's profitability needs and the public sector's fiscal management interests and uses the concept of fairness for structuring MRGs. The model uses Monte Carlo simulation to take into account the uncertainty. The model is applied to the projected 1 kilometre long 'Camionale di Bari' toll road that will link the port of Bari (located in Puglia, Southern Italy) with the existing road network without affecting the urban traffic. It was found that government support is often needed to make the project attractive to private investors and that the developed model can be, for both public and private sectors, a valid tool for defining the fair value of the minimum amount of revenue secured by the government.
Javed, A A, Lam, P T I and Chan, A P C (2014) Change negotiation in public-private partnership projects through output specifications: an experimental approach based on game theory. Construction Management and Economics, 32(04), 323-48.
Myers, D and Wyatt, P (2004) Rethinking urban capacity: identifying and appraising vacant buildings. Building Research & Information, 32(04), 285–92.
Perng, Y-H and Chang, C-L (2004) Data mining for government construction procurement. Building Research & Information, 32(04), 38.
Priemus, H (2004) Dutch contracting fraud and governance issues. Building Research & Information, 32(04), 306–12.
Roumboutsos, A and Saussier, S (2014) Public-private partnerships and investments in innovation: the influence of the contractual arrangement. Construction Management and Economics, 32(04), 349-61.
Wakili, K G, Bundi, R and Binder, B (2004) Effective thermal conductivity of vacuum insulation panels. Building Research & Information, 32(04), 293–9.