The impact of contract characteristics on the performance of public–private partnerships (PPPs)

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Abstract

Four significant features of public–private partnership (PPP) contracts are analysed to understand their impact on performance. These are whether the contract allows sanctions to be imposed; its complexity; its flexibility; and whether renegotiation is possible. The effects of these characteristics were investigated by surveying participants in all of the PPP projects in The Netherlands. The only feature considered to have any significant impact on perceived performance was the possibility of imposing sanctions. The authors’ findings cast doubt on earlier research into managing PPP performance and suggest that researchers, governments and the private sector need to look beyond contract terms to properly understand and manage PPP performance.
Original languageEnglish
Pages (from-to)455-462
Number of pages8
JournalPublic Money and Management
Volume36
Issue number6
DOIs
Publication statusPublished - 11 Jul 2016

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