- EAN13
- 9789282103951
- Éditeur
- "Éditions OECD"
- Date de publication
- 26/09/2013
- Langue
- anglais
- Fiches UNIMARC
- S'identifier
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Collective
"Éditions OECD"
Livre numérique
-
Aide EAN13 : 9789282103951
- Fichier PDF, avec Marquage en filigrane
31.00
Many governments seek to attract private finance for infrastructure through
public-private partnerships (PPPs) in order to maintain investment at the same
time as limiting public spending. Experience with PPPs has, however, been
mixed. Some transport PPP projects have delivered major cost savings but many
more have exceeded their budgets. PPPs are prone to overestimating revenues
and when projects run into financial difficulty, risks have a tendency to
revert to the taxpayer.
The report examines the nature of risks and uncertainty associated with
different types of PPP project and the practical consequences of transferring
risks to private partners. It assesses the fiscal impact of PPPs and discusses
budget procedures and accounting rules to limit the public liabilities they
can create. The report also reviews the relative merits of tolls, availability
payments and regulated asset base models for attracting finance for public
infrastructure from private investors on a sustainable basis.
public-private partnerships (PPPs) in order to maintain investment at the same
time as limiting public spending. Experience with PPPs has, however, been
mixed. Some transport PPP projects have delivered major cost savings but many
more have exceeded their budgets. PPPs are prone to overestimating revenues
and when projects run into financial difficulty, risks have a tendency to
revert to the taxpayer.
The report examines the nature of risks and uncertainty associated with
different types of PPP project and the practical consequences of transferring
risks to private partners. It assesses the fiscal impact of PPPs and discusses
budget procedures and accounting rules to limit the public liabilities they
can create. The report also reviews the relative merits of tolls, availability
payments and regulated asset base models for attracting finance for public
infrastructure from private investors on a sustainable basis.
S'identifier pour envoyer des commentaires.