Disputes in public-private partnerships (PPPs) globally involving key performance indicators (KPIs) represent 20 per cent of all disputes, as highlighted in our data using a representative sample of projects from around the world.
By their very nature as long-term large infrastructure projects, public-private partnership (PPP) projects involve a vast array of interconnecting relationships. Core to any PPP project is the long-term contractual relationship between the government’s procuring authority and the private party (the project company). This is one of many relationships that will affect the success of a PPP.
Contractual disagreements and disputes are common in PPPs during both construction and operational periods.
The term of a public-private partnership (PPP) contract can exceed 20 or even 30 years. At the end of the term, the relevant private partner is often obligated to hand back the public asset in question (whether it be a road, an airport or a hospital) in a condition that meets the government procuring authority’s expectations.
Globally, governments are accountable for the development of infrastructure and the delivery of basic services in an affordable and inclusive manner. The ability of governments to nurture a conducive enabling environment for infrastructure investment has often been found to be a key differentiator between countries that successfully scale up infrastructure and those that face challenges in doing so.
The Output Specifications for Quality Infrastructure Reference Guide, helps governments to operationalise the definition of Quality Infrastructure Investment agreed on by G20 nations.
Risk allocation is at the centre of every PPP transaction, and a deep understanding of the risk allocation arrangements is a precondition to the drafting of every successful PPP contract.
The Reference tool is meant to serve as a practical tool to help governments and other stakeholders understand and implement the critical success factors that deliver inclusive infrastructure. The Framework for Inclusive Infrastructure summarises the following six Actions Areas and related practices that ought to be considered for the systematic implementation of inclusivity in infrastructure at the policy and project levels.
Members of the infrastructure community are warmly invited to the launch of InfraChallenge, an innovation competition aiming to accelerate the global infrastructure industry.
You’re invited to take part in a survey that will help us better understand the infrastructure community’s perceptions of a set of megatrends as they relate to the development of infrastructure to 2050.