Work

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

Year: 2016

Type: article

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.

Source: Public Money & Management

DOI: 10.1080/09540962.2016.1206756

Authors: Erik Hans Klijn, Joop Koppenjan

Institution: Erasmus University Rotterdam

Language: English

Topic: Public-Private Partnership Projects

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

Funders: University of Twente, Nederlandse Organisatie voor Wetenschappelijk Onderzoek, Deltares, Rijkswaterstaat