By delivering efficient, cost-effective and innovative maintenance services, well-designed output and performance-based road maintenance contracts can help maintain road assets and achieve value-for-money.
The efficiency of toll roads is important. Not just for tolling operators, but also for governments, investors and the driving public.
The core principle behind the PPP is the creation of a contractual bubble – a framework of contracts.
The purpose of this Report is to present and discuss ‘recommended’ language in respect of a selection of these typically encountered provisions.
The report identifies and illustrates three critical success factors that governments should be aware of and should seriously consider for their operations and mainteance strategies.
PFRAM is a tool that assesses potential fiscal costs and risks arising from PPP projects.