Risk Allocation in Public-Private Partnership Projects

摘要：

Both the increasing private participation in public projects and the critical importance of appropriate risk allocation to the success of public-private partnership (PPP) projects justify specific research on the risk allocation practice in PPP projects, particularly whether the practice is value-for-money driven. In this paper, the risk allocation in construction projects is examined firstly. The risks associated with PPP projects and the concept of optimal risk allocation are then reviewed. More importantly, the risk allocation practice in PPP projects is examined, particularly in the Australian context. Important issues, such as the current practice, the governments’ accountability, and achieving efficient allocation, are discussed. The discussion presented in this paper is expected to justify and elicit further research on how to achieve efficient risk allocation in PPP projects.

关键词： risk allocation risk management PPP/PFI Australia

作者: JIN Xiaohua

作者单位: School of Architecture and Building, Faculty of Science and Technology, Deakin University, Geelong, Victoria 3217 Australia

会议类型: 国际会议

会议名称: 2009 International Conference on Construction & Real Estate Management(2009建设与房地产管理国际会议)

会议地点: 北京

会议语种:英文

页码: 326-330

在线出版日期: 2009-11-05（万方平台首次上网日期，不代表论文的发表时间）