2018
DOI: 10.1007/s11115-018-0426-6
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DBFOM Contracting and Public Stewardship in the Norfolk-Portsmouth Elizabeth River Tunnels Public-Private Partnership

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Cited by 1 publication
(2 citation statements)
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“…The forms of nonconcessions usually include private‐finance initiatives (PFIs) and build‐transfer (BT) (Abdel Aziz, 2007; European PPP Expertise Centre, 2012; Public‐Private Infrastructure Advisory Facility, 2009). Since the definition of build–finance–operate (DBFO), design–build–finance–maintenance (DBFM), and design–build–finance–operate–transfer (DBFOT) are ambiguous in literature (Abdel Aziz, 2007; Steinfeld et al, 2020), they should be categorized according to their contract designs. PPPs comprise both concessions and nonconcessions in most countries (Hodge et al, 2011), but some of them, such as the UK and China, restricted the scale of nonconcessions in recent years due to common reasons.…”
Section: Theoretical Framework and Hypothesesmentioning
confidence: 99%
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“…The forms of nonconcessions usually include private‐finance initiatives (PFIs) and build‐transfer (BT) (Abdel Aziz, 2007; European PPP Expertise Centre, 2012; Public‐Private Infrastructure Advisory Facility, 2009). Since the definition of build–finance–operate (DBFO), design–build–finance–maintenance (DBFM), and design–build–finance–operate–transfer (DBFOT) are ambiguous in literature (Abdel Aziz, 2007; Steinfeld et al, 2020), they should be categorized according to their contract designs. PPPs comprise both concessions and nonconcessions in most countries (Hodge et al, 2011), but some of them, such as the UK and China, restricted the scale of nonconcessions in recent years due to common reasons.…”
Section: Theoretical Framework and Hypothesesmentioning
confidence: 99%
“…However, in PPPs, the monopoly of infrastructure makes governments have no other choice but to purchase public services from existing projects. If governments terminate contracts earlier and expropriate project assets, they have to compensate vendors in full (Steinfeld et al, 2020). Thus, specialized investments offer an advantage to the first contract winner through creating a barrier‐to‐entry and reducing governments' outside options (Brown et al, 2016).…”
Section: Theoretical Framework and Hypothesesmentioning
confidence: 99%