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PUBLIC-PRIVATE PARTNERSHIP - THEORY, BEST PRACTICES AND THE NEWEST POLISH EXPERIENCE

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PUBLIC-PRIVATE PARTNERSHIP - THEORY, BEST PRACTICES AND THE NEWEST POLISH EXPERIENCE
PUBLIC-PRIVATE PARTNERSHIP - THEORY, BEST PRACTICES AND THE NEWEST POLISH EXPERIENCE

 

e-book do wypożyczenia lub zakupu na stronie:

https://www.ibuk.pl

 

[[[separator]]]

Public Private Partnership is one of the most controversial solutions within modern public sector management concepts. Its enthusiasts and opponents can have discussions lasting hours, supporting their argumentation by data and examples of successful and failed projects.

PPP, understood as long-time arrangements obliging private party to conduct and finance infrastructure construction and maintenance works, based on risk sharing between private and public sector, is a modern way of providing services based on infrastructure, such as roads, railways, airports, as well as hospitals, schools, prisons and other public buildings, water supply networks, power plants and complex land development schemes.

Pros and cons of PPPs will be described in details in section 3.1, but it is well known, that on the one hand, PPP helps to provide new infrastructure, that is designed in efficient, life-time (and not warranty-time) oriented way, without huge up-front spending of public funds. PPP projects are also much often delivered ontime and in-budget in comparison to traditionally procured projects.

On the other hand - PPP projects are usually more expensive due to higher capital costs charged by lenders to the private sector and higher transaction costs. What is more, there are some well-known examples of failed PPP projects (such as London Underground upgrade), that ended up with premature termination and step-in of a public partner.

Although there are no easy answers to questions about PPPs, one is sure - even their enthusiasts confirm, that a PPP project will be a failure, unless the partnership is well prepared and managed. What is more, good knowledge about PPP will help decision-makers to use it in situations where the potential benefits are the highest, as well as select projects that really solve important problems and are demanded. Therefore a good knowledge about PPP principles and case studies is essential in order to create a successful project.

This study aims at providing full theoretical background on PPP, including international case studies, as well as presenting the newest Polish experience in PPP. The latter is a unique study on smaller, post-crisis PPP projects, in a new EU-Member state, proving that PPPs can be successful even with limited bank funding available, and many infrastructure project are co-funded with the European grant support. Polish experience is rarely described in English and may be really useful for international audience. The first in a prerequisite to understand the latter, for readers without extensive PPP-expertise.

The structure of the book consists of three main chapters, each of them containing number of sections. The first chapter aims at presenting general background data about PPP. It describes history of private provision of infrastructure-based services, provides basic information about PPPs, such as useful definitions (this is very important, as there is no unified terminology in PPP, and some confusions are common) and key actors, as well as presents the variety of PPP models and projects worldwide. The key concern of this handbook is not the assessment of PPPs' efficiency (as this is not a research thesis), but presentation of the most efficient ways of project management - How to manage a successful PPP project? The answer can be found in the second chapter, which in details describes general structure of PPP project, as well as presents how a PPP project "works". It focuses on good practises taken from the entire project lifecycle - from the identification phase, to the hand-out of the facility back to the public body. In contrary to the first chapter, that is theoretical, the second one has much more practical character.

The third chapter presents extended assessment of PPPs. Basic elaborations about PPP's pros and cons are described usually at the beginning of PPP handbooks, but we decided to move it towards the end for two reasons. Firstly - the assessment is the clearer part containing more information about PPP that the reader can poses. And secondly - in this book the assessment is only a starting point for 2 J. Delmon, Public-Private Partnerships, An Essential Guide for Policy Makers, "Cambridge University Press" 2011, pp. 4-5.

presentation of the newest developments, aiming at maximising the benefits arising from PPP, and at reducing its disadvantages (especially visible during the economic crisis). This makes the third chapter an extended conclusive part of this handbook, but still, very practical one and the most interesting for people, who already have some knowledge or experience in PPP.

Finally, the fourth chapter presents Polish experience on PPP, including statistical background and 8 case studies (5 completed and 3 non-completed projects).

The studies are based on site visits and personal in-depth interviews (IDIs) with key actors. The chapter contains extensive conclusions on key success factors, impacts of PPP and rules of cooperation.

[[[separator]]]

Preface

 

1. What are PPPs?

1.1. Historical examples of private provision of infrastructure

1.2. Key definitions of PPP and its alternatives

1.3. Key actors of a PPP project

1.4. Diversity of contemporary PPP projects

 

2. How to manage a successful PPP project?

2.1. Structure and milestones of a PPP project

2.2. Risk sharing

2.3. Procurement process

2.4. Project Finance

2.5. Construction and operation phases of a PPP project

2.6. Termination of cooperation, step-in's and substitution

2.7. Main reasons of PPP projects' failures

 

3. Are PPPs efficient?

3.1. Pros and cons of PPPs

3.2. Methods and results of PPP assessment

3.3. Suitability of PPP for different sectors

3.4. Special case of developing countries

3.5. Lowering PPP costs

3.6. Influence of crises on PPP

3.7. Beyond PPP

 

4. The newest Polish experience

4.1. Research objective and assumptions

4.2. Introduction to case studies

4.3. Columbaria in the cemeteries of Gdańsk (completed project)

4.4. Land development of Wyspa Spichrzów in Gdańsk (completed project)

4.5. Mental health care and treatment centre in Kobylnica near Słupsk (completed project)

4.6. Cemetery and crematory in Podgórki Tynieckie, Kraków (completed project)

4.7. Reconstruction of Jagiellonian University Dormitories, Kraków (completed project)

4.8. Central heating for the municipal union with its headquarters in Kalisz (not completed project)

4.9. Waste segregation and storage facility in Skarżysko-Kamienna (not completed project)

4.10. Construction of council houses in Kraków (not completed project)

4.11. Key factors that impact success of PPP in Poland

 

Conclusion

 

Bibliography

Opis

Wydanie: 1
Rok wydania: 2017
Wydawnictwo: Oficyna Wydawnicza
Oprawa: miękka
Format: B5
Liczba stron: 140

 

e-book do wypożyczenia lub zakupu na stronie:

https://www.ibuk.pl

 

Wstęp

Public Private Partnership is one of the most controversial solutions within modern public sector management concepts. Its enthusiasts and opponents can have discussions lasting hours, supporting their argumentation by data and examples of successful and failed projects.

PPP, understood as long-time arrangements obliging private party to conduct and finance infrastructure construction and maintenance works, based on risk sharing between private and public sector, is a modern way of providing services based on infrastructure, such as roads, railways, airports, as well as hospitals, schools, prisons and other public buildings, water supply networks, power plants and complex land development schemes.

Pros and cons of PPPs will be described in details in section 3.1, but it is well known, that on the one hand, PPP helps to provide new infrastructure, that is designed in efficient, life-time (and not warranty-time) oriented way, without huge up-front spending of public funds. PPP projects are also much often delivered ontime and in-budget in comparison to traditionally procured projects.

On the other hand - PPP projects are usually more expensive due to higher capital costs charged by lenders to the private sector and higher transaction costs. What is more, there are some well-known examples of failed PPP projects (such as London Underground upgrade), that ended up with premature termination and step-in of a public partner.

Although there are no easy answers to questions about PPPs, one is sure - even their enthusiasts confirm, that a PPP project will be a failure, unless the partnership is well prepared and managed. What is more, good knowledge about PPP will help decision-makers to use it in situations where the potential benefits are the highest, as well as select projects that really solve important problems and are demanded. Therefore a good knowledge about PPP principles and case studies is essential in order to create a successful project.

This study aims at providing full theoretical background on PPP, including international case studies, as well as presenting the newest Polish experience in PPP. The latter is a unique study on smaller, post-crisis PPP projects, in a new EU-Member state, proving that PPPs can be successful even with limited bank funding available, and many infrastructure project are co-funded with the European grant support. Polish experience is rarely described in English and may be really useful for international audience. The first in a prerequisite to understand the latter, for readers without extensive PPP-expertise.

The structure of the book consists of three main chapters, each of them containing number of sections. The first chapter aims at presenting general background data about PPP. It describes history of private provision of infrastructure-based services, provides basic information about PPPs, such as useful definitions (this is very important, as there is no unified terminology in PPP, and some confusions are common) and key actors, as well as presents the variety of PPP models and projects worldwide. The key concern of this handbook is not the assessment of PPPs' efficiency (as this is not a research thesis), but presentation of the most efficient ways of project management - How to manage a successful PPP project? The answer can be found in the second chapter, which in details describes general structure of PPP project, as well as presents how a PPP project "works". It focuses on good practises taken from the entire project lifecycle - from the identification phase, to the hand-out of the facility back to the public body. In contrary to the first chapter, that is theoretical, the second one has much more practical character.

The third chapter presents extended assessment of PPPs. Basic elaborations about PPP's pros and cons are described usually at the beginning of PPP handbooks, but we decided to move it towards the end for two reasons. Firstly - the assessment is the clearer part containing more information about PPP that the reader can poses. And secondly - in this book the assessment is only a starting point for 2 J. Delmon, Public-Private Partnerships, An Essential Guide for Policy Makers, "Cambridge University Press" 2011, pp. 4-5.

presentation of the newest developments, aiming at maximising the benefits arising from PPP, and at reducing its disadvantages (especially visible during the economic crisis). This makes the third chapter an extended conclusive part of this handbook, but still, very practical one and the most interesting for people, who already have some knowledge or experience in PPP.

Finally, the fourth chapter presents Polish experience on PPP, including statistical background and 8 case studies (5 completed and 3 non-completed projects).

The studies are based on site visits and personal in-depth interviews (IDIs) with key actors. The chapter contains extensive conclusions on key success factors, impacts of PPP and rules of cooperation.

Spis treści

Preface

 

1. What are PPPs?

1.1. Historical examples of private provision of infrastructure

1.2. Key definitions of PPP and its alternatives

1.3. Key actors of a PPP project

1.4. Diversity of contemporary PPP projects

 

2. How to manage a successful PPP project?

2.1. Structure and milestones of a PPP project

2.2. Risk sharing

2.3. Procurement process

2.4. Project Finance

2.5. Construction and operation phases of a PPP project

2.6. Termination of cooperation, step-in's and substitution

2.7. Main reasons of PPP projects' failures

 

3. Are PPPs efficient?

3.1. Pros and cons of PPPs

3.2. Methods and results of PPP assessment

3.3. Suitability of PPP for different sectors

3.4. Special case of developing countries

3.5. Lowering PPP costs

3.6. Influence of crises on PPP

3.7. Beyond PPP

 

4. The newest Polish experience

4.1. Research objective and assumptions

4.2. Introduction to case studies

4.3. Columbaria in the cemeteries of Gdańsk (completed project)

4.4. Land development of Wyspa Spichrzów in Gdańsk (completed project)

4.5. Mental health care and treatment centre in Kobylnica near Słupsk (completed project)

4.6. Cemetery and crematory in Podgórki Tynieckie, Kraków (completed project)

4.7. Reconstruction of Jagiellonian University Dormitories, Kraków (completed project)

4.8. Central heating for the municipal union with its headquarters in Kalisz (not completed project)

4.9. Waste segregation and storage facility in Skarżysko-Kamienna (not completed project)

4.10. Construction of council houses in Kraków (not completed project)

4.11. Key factors that impact success of PPP in Poland

 

Conclusion

 

Bibliography

Opinie

Twoja ocena:
Wydanie: 1
Rok wydania: 2017
Wydawnictwo: Oficyna Wydawnicza
Oprawa: miękka
Format: B5
Liczba stron: 140

 

e-book do wypożyczenia lub zakupu na stronie:

https://www.ibuk.pl

 

Public Private Partnership is one of the most controversial solutions within modern public sector management concepts. Its enthusiasts and opponents can have discussions lasting hours, supporting their argumentation by data and examples of successful and failed projects.

PPP, understood as long-time arrangements obliging private party to conduct and finance infrastructure construction and maintenance works, based on risk sharing between private and public sector, is a modern way of providing services based on infrastructure, such as roads, railways, airports, as well as hospitals, schools, prisons and other public buildings, water supply networks, power plants and complex land development schemes.

Pros and cons of PPPs will be described in details in section 3.1, but it is well known, that on the one hand, PPP helps to provide new infrastructure, that is designed in efficient, life-time (and not warranty-time) oriented way, without huge up-front spending of public funds. PPP projects are also much often delivered ontime and in-budget in comparison to traditionally procured projects.

On the other hand - PPP projects are usually more expensive due to higher capital costs charged by lenders to the private sector and higher transaction costs. What is more, there are some well-known examples of failed PPP projects (such as London Underground upgrade), that ended up with premature termination and step-in of a public partner.

Although there are no easy answers to questions about PPPs, one is sure - even their enthusiasts confirm, that a PPP project will be a failure, unless the partnership is well prepared and managed. What is more, good knowledge about PPP will help decision-makers to use it in situations where the potential benefits are the highest, as well as select projects that really solve important problems and are demanded. Therefore a good knowledge about PPP principles and case studies is essential in order to create a successful project.

This study aims at providing full theoretical background on PPP, including international case studies, as well as presenting the newest Polish experience in PPP. The latter is a unique study on smaller, post-crisis PPP projects, in a new EU-Member state, proving that PPPs can be successful even with limited bank funding available, and many infrastructure project are co-funded with the European grant support. Polish experience is rarely described in English and may be really useful for international audience. The first in a prerequisite to understand the latter, for readers without extensive PPP-expertise.

The structure of the book consists of three main chapters, each of them containing number of sections. The first chapter aims at presenting general background data about PPP. It describes history of private provision of infrastructure-based services, provides basic information about PPPs, such as useful definitions (this is very important, as there is no unified terminology in PPP, and some confusions are common) and key actors, as well as presents the variety of PPP models and projects worldwide. The key concern of this handbook is not the assessment of PPPs' efficiency (as this is not a research thesis), but presentation of the most efficient ways of project management - How to manage a successful PPP project? The answer can be found in the second chapter, which in details describes general structure of PPP project, as well as presents how a PPP project "works". It focuses on good practises taken from the entire project lifecycle - from the identification phase, to the hand-out of the facility back to the public body. In contrary to the first chapter, that is theoretical, the second one has much more practical character.

The third chapter presents extended assessment of PPPs. Basic elaborations about PPP's pros and cons are described usually at the beginning of PPP handbooks, but we decided to move it towards the end for two reasons. Firstly - the assessment is the clearer part containing more information about PPP that the reader can poses. And secondly - in this book the assessment is only a starting point for 2 J. Delmon, Public-Private Partnerships, An Essential Guide for Policy Makers, "Cambridge University Press" 2011, pp. 4-5.

presentation of the newest developments, aiming at maximising the benefits arising from PPP, and at reducing its disadvantages (especially visible during the economic crisis). This makes the third chapter an extended conclusive part of this handbook, but still, very practical one and the most interesting for people, who already have some knowledge or experience in PPP.

Finally, the fourth chapter presents Polish experience on PPP, including statistical background and 8 case studies (5 completed and 3 non-completed projects).

The studies are based on site visits and personal in-depth interviews (IDIs) with key actors. The chapter contains extensive conclusions on key success factors, impacts of PPP and rules of cooperation.

Preface

 

1. What are PPPs?

1.1. Historical examples of private provision of infrastructure

1.2. Key definitions of PPP and its alternatives

1.3. Key actors of a PPP project

1.4. Diversity of contemporary PPP projects

 

2. How to manage a successful PPP project?

2.1. Structure and milestones of a PPP project

2.2. Risk sharing

2.3. Procurement process

2.4. Project Finance

2.5. Construction and operation phases of a PPP project

2.6. Termination of cooperation, step-in's and substitution

2.7. Main reasons of PPP projects' failures

 

3. Are PPPs efficient?

3.1. Pros and cons of PPPs

3.2. Methods and results of PPP assessment

3.3. Suitability of PPP for different sectors

3.4. Special case of developing countries

3.5. Lowering PPP costs

3.6. Influence of crises on PPP

3.7. Beyond PPP

 

4. The newest Polish experience

4.1. Research objective and assumptions

4.2. Introduction to case studies

4.3. Columbaria in the cemeteries of Gdańsk (completed project)

4.4. Land development of Wyspa Spichrzów in Gdańsk (completed project)

4.5. Mental health care and treatment centre in Kobylnica near Słupsk (completed project)

4.6. Cemetery and crematory in Podgórki Tynieckie, Kraków (completed project)

4.7. Reconstruction of Jagiellonian University Dormitories, Kraków (completed project)

4.8. Central heating for the municipal union with its headquarters in Kalisz (not completed project)

4.9. Waste segregation and storage facility in Skarżysko-Kamienna (not completed project)

4.10. Construction of council houses in Kraków (not completed project)

4.11. Key factors that impact success of PPP in Poland

 

Conclusion

 

Bibliography

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