[1] Mohamed ChohraMu Shiyu, Cheng Hu,. Risks and new transformations of PPP contracts [J]. Journal of Southeast University (English Edition), 2011, 27 (4): 458-462. [doi:10.3969/j.issn.1003-7985.2011.04.022]

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Risks and new transformations of PPP contracts()

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Journal of Southeast University (English Edition)[ISSN:1003-7985/CN:32-1325/N]

Volumn:

27

Issue:

2011 4

Page:

458-462

Research Field:

Economy and Management

Publishing date:

2011-12-31

Info

Title:

Risks and new transformations of PPP contracts

Author(s):

Mohamed ChohraMu Shiyu;  Cheng Hu

School of Civil Engineering, Southeast University, Nanjing 210096, China

Keywords:

public-private partnership(PPP);  contract management;  risks allocation;  risk matrix

PACS:

F407.9

DOI:

10.3969/j.issn.1003-7985.2011.04.022

Abstract:

This paper tries to demonstrate that the principle of the risk allocation based on the balance is the most effective way to resolve the risk allocation problems of public-private partnership(PPP)contracts and presents suggestions how to carry out this principle. For PPP projects, it is necessary to set up a workable and commercially viable risk sharing mechanism to satisfy the different interests and the objectives of both the public sector and the private sector. An effective risk allocation mechanism is not only an important part in preparing project documents, but also an essential part in the success of PPP contracts. Risk allocation can be represented in a risk matrix. The more balanced the risk allocation is, the lower the risk degree of PPP contracts is. Therefore, the most effective risk allocation of PPP contracts is that the public sector and the private sector take part in risk management together in all the stages of the project and allocate the balanced risks. The outcomes of this paper can be used by both the public sector and the private sector to make a good choice of the PPP contract form.

References:

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Memo

Memo:

Biographies: Mohamed Chohra(1973—), male, graduate; Cheng Hu(corresponding author), male, doctor, professor, pmri@seu.edu.cn.
Citation: Mohamed Chohra, Mu Shiyu, Cheng Hu.Risks and new transformations of PPP contracts [J].Journal of Southeast University(English Edition), 2011, 27(4):458-462.[doi:10.3969/j.issn.1003-7985.2011.04.022]

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