Ten years of PPP in Germany: experiences and perspectives

Jacob, Dieter; Kochendörfer, Bernd; Drygalski, Marcus von; Hilbig, Corinna

doi:10.1680/mpal.13.00052

Cited by 9 publications

(7 citation statements)

References 1 publication

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“…The schedule of construction works together with a budget and quality control plan are part of the main construction management documentation for planning the construction stage [12]. Staffing constraints on the municipal level also complicate the selection of a suitable project variant, which should be based on a multicriteria approach [13] or evaluation of bids according to life cycle costs as the best possible co-ordination of design, construction, maintenance and supporting services over the lifetime of the contract [14].…”

Section: Literature Reviewmentioning

confidence: 99%

Procurement management in construction: study of Czech municipalities

Hanák

Korytářová

2019

Open Engineering

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Efficient spending of public money is a crucial requirement of public procurement. This requirement is even more important in the case of public works contracts since construction projects are usually very costly. Accordingly, public authorities should manage the procurement process in an efficient way. The aim of this paper is to analyse municipal procurement practices focusing on small-scale public contracts for construction works. The Czech Republic is the study area for this analysis. Data concerning procurement practices were collected through a questionnaire survey and on the basis of available internal municipal directives that govern the procurement process. The results show that a majority of municipalities use internal directives and specify financial categories for small-scale public contracts. It has also been found that the majority of municipalities contract external consulting companies for specific contracts or subsidised public contracts. Directives usually concern the issue of responsibility and the approval procedure related to the public contract. Based on the research findings, general recommendations for awarding public contracts have been formulated. These findings can potentially contribute to the dissemination of best practices among contracting authorities in the Czech Republic.

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Section: Literature Reviewmentioning

confidence: 99%

Procurement management in construction: study of Czech municipalities

Hanák

Korytářová

2019

Open Engineering

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“…Through the PPP scheme, Germany plans to allocate 52,182,268 euros for capital expenditures (in the period 2010-2013) (of which 7,301,012 euros are intended for school sports). This kind of investment is practiced when the private sector can fulfill the required tasks, at least as good as the state, as this reduces the costs of the public sector (Jacob, Kochendörfer, von Drygalsk, & Hilbig, 2014).…”

Section: Models Of Financingmentioning

confidence: 99%

Public-Private Partnership in the Function of Increasing the Quality of School Sports Facilities

Subić

Simonović

2019

FU Phys Ed Sport

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The aim of the paper is to indicate that for the sustainable development of school sports infrastructure it is necessary to create conditions that should be clearly defined in the mutual rights and obligations of all participants in the process of construction, use and maintenance. This would be achieved through public-private partnerships between the state and the private sector. This paper is based on the experiences of some of the European Union countries, which have solved the problems of building, upgrading, equipping and maintaining school sports facilities through public-private partnership projects, on the legal regulations contained in the Green Paper on Public-Private Partnership, as well as the Law on Public-Private Partnership and Concessions in the Republic of Serbia. Certainly, the desire to improve the quality of educational services, from one side, and lack of money in the budgets of central and local governments, on the other side, imposes the need to research this type of business cooperation and project financing. This paper also points to the need for more detailed research into the possibilities of applying public-private partnership, through projects in the field of education and its effects on increasing the quality of the physical education teaching. The paper also reviews the complexity of the implementation of public-private partnership in traditional educational frameworks, due to the complexity of the relationship between the two partners who impose different interests.

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“…Inflationary tendencies have also worsened the situation for institutional investors that traditionally invested in sovereign debt, such as insurance companies or pension funds. Given this scenario, PPP -the planning, construction, financing, operating as well as maintaining public infrastructure by private contractors (Jacob et al, 2014;Wamuziri and Mendan, 2009) -or project bonds have already proved to be a good alternative to public finance. Another new form of private finance is the infrastructure debt funds.…”

Section: Introduction: Background On Europementioning

confidence: 99%

Analysis of infrastructure financing by debt funds in the EU

Gawlitta

Kleinow

2015

Proceedings of the Institution of Civil Engineers - Management,

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2This article analyses the basic financial market conditions in the European Union (EU), which enable the emergence of debt funds. Using this foundation, the paper explains how and why infrastructure debt funds, specifically, are evolving in the EU. To this end, infrastructure is introduced as an asset class. The paper's main body is composed of a market overview as well as an analysis of optimal contractual design of infrastructure debt funds in the EU. However, in spite of the great euphoria associated with their introduction, debt funds will have to face regulatory challenges that could quickly lead to disillusionment among their supporters. A recently adopted EU law, the Alternative Investment Funds Managers Directive, is the basis for consistent EU-wide regulation of infrastructure debt funds.Thus, finally, debt funds are examined briefly within the regulatory framework of European financial markets. An outlook for the future and the proposal of additional research opportunities mark the end of this paper.

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Ten years of PPP in Germany: experiences and perspectives

Cited by 9 publications

References 1 publication

Procurement management in construction: study of Czech municipalities

Procurement management in construction: study of Czech municipalities

Public-Private Partnership in the Function of Increasing the Quality of School Sports Facilities

Analysis of infrastructure financing by debt funds in the EU

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