En svensk modell för offentlig-privat samverkan vid infrastrukturinvesteringar: rapport framtagen av en för Banverket, VTI och Vägverket gemensam arbetsgrupp
2007 (Swedish)Report (Other academic)Alternative title
Towards a Swedish model for PPP infrastructure projects (English)
The present report is the result of a joint project between Banverket (the Swedish rail administration), Vägverket (the Swedish Road Administration) and VTI (Swedish National Road and Transport Research Institute). During winter 2007 the agencies were commissioned by the Ministry of Enterprise, Energy and Communications to assess the legal, economic and technical prerequisites for implementing a model for Public Private Partnership (PPP, or OPS which is the domestic acronym) for road and railway infrastructure investments. Focus in the report is on establishing a framework for PPP projects which is footed in an ambition to establish efficiency in infrastructure construction and maintenance. In the proposal for model design, three components of the contract between a public sector representative and a private consortium are focused: The bundling of investment and maintenance for a long - 15 to 30 years or even longer - period of time; the use of stringent and measurable functional or performance requirements; and the private provision of up-front financing, subsequently being repaid over the lifetime of the contract period. The report also addresses risk issues at length. A more precise specification of the sources of risk in infrastructure construction is discussed and the idea of minimising expected costs as a target for allocation of risk between the parties is suggested. The necessity to have actual competition - i.e. at least three bidders - during the procurement process is established.
Place, publisher, year, edition, pages
Linköping: VTI., VTI rapport 588., Vägverket., Banverket , 2007. , 120 p.
VTI rapport, ISSN 0347-6030
Public-private-partnership, Financing, Investment, Economic efficiency, Contractor, Competition, Risk management, Legislation, Contract, Road network, Railway network
Research subject Railway: General works, surveys, comprehensive works, Railway: Economics; Road: General works, surveys, comprehensive works, Road: Economics
IdentifiersURN: urn:nbn:se:vti:diva-6447OAI: oai:DiVA.org:vti-6447DiVA: diva2:675324