Change search
ReferencesLink to record
Permanent link

Direct link
Value for Money evaluation in PPPs: difficulties and developments
KTH, School of Architecture and the Built Environment (ABE), Urban Planning and Environment, Urban and Regional Studies.
2012 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Public private partnerships (PPPs) are procurement models used in the provision of public infrastructures and involving private, as opposed to public, finance. The PPP model differs from the traditional public procurement model in this sense and in the unprecedented degree to which the private sector is involved.

All things being equal, the rationale for choosing a PPP instead of a traditional public procurement model is if it provides a better Value for Money. As a result, a crucial issue to address is to find the key drivers of Value for Money in PPP projects and most importantly, to analyze the relationships between those key drivers and the complex notion of Value for Money.

This study is based on a large overview of the literature together with contributions of informal interviews and my own opinions. Emphasis is put on the importance of risk management from financiers’ perspective and its consequences on Value for Money. The findings highlight the current problems in the Value for Money assessment that make the analysis hardly reliable. Good and bad practices in Value for Money assessment are discussed and potential solutions and guidance toward more Value for Money are provided. 

Place, publisher, year, edition, pages
2012. , 96 p.
SoM EX, 2012-06
Keyword [en]
Public Private Partnerships, Value for Money, Risk Management, Financial Risk Analysis and Strategies
National Category
Construction Management
URN: urn:nbn:se:kth:diva-95284OAI: diva2:527412
Subject / course
Regional Planning
2012-03-28, KTH, Stockholm, 15:00 (English)
Available from: 2012-05-22 Created: 2012-05-21 Last updated: 2012-05-22Bibliographically approved

Open Access in DiVA

Value for Money evaluation in PPPs: difficulties and developments(2882 kB)2331 downloads
File information
File name FULLTEXT01.pdfFile size 2882 kBChecksum SHA-512
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Desgrées du Loû, Antoine
By organisation
Urban and Regional Studies
Construction Management

Search outside of DiVA

GoogleGoogle Scholar
Total: 2331 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 521 hits
ReferencesLink to record
Permanent link

Direct link