PPP projects in transport: Evidence from light rail projects in Spain

Ole Helby Petersen, Samuel Carpintero

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

    Abstract

    Public–private partnerships (PPPs) have been extensively used in Spain for the procurement of light rail systems. This paper analyses five projects that have been in operation for more than five years. The authors examine the reasoning behind the selection of the PPP projects, risk-sharing mechanisms, competition among private providers, and overall cost-effectiveness. The paper demonstrates a need for more rigorous assessments of the merits of PPP projects before they are initiated
    OriginalsprogEngelsk
    TidsskriftPublic Money and Management
    Vol/bind34
    Udgave nummer1
    Sider (fra-til)43-50
    ISSN0954-0962
    DOI
    StatusUdgivet - 2014

    Emneord

    • Competition
    • light railways
    • PPPs
    • risk-sharing
    • Spain

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