| 000 | 01317cam a2200241 4500 | ||
|---|---|---|---|
| 001 | ABS66902 | ||
| 008 | 030715n2003 000 0 eng u | ||
| 035 | _a(Sirsi) u123012 | ||
| 100 | _aO'Donnell, P. | ||
| 245 | _aPPP and risk management | ||
| 260 | _c2003 | ||
| 490 |
_aBuilding Economist _vJune 2003, 17-23(7) |
||
| 520 | _aDiscusses risk and risk valuation on PPP projects looking at the key issues. Transfer of risk to the private sector has been identified as the major component of value improvement in PPP. Therefore the valuation of risk is critically important in determining the Public Sector Comparator (PSC) and then in assessing the relative merits of bids received, compared to the alternative of traditional public procurement. Discusses simplistic methods for risk valuation proposed for use in the PPP literature and questions their validity as they may undervalue risk. Recommends using the whole probability distribution based on historical data where possible to value risk. | ||
| 590 | _aABS | ||
| 650 | _aPUBLIC PRIVATE PARTNERSHIPS | ||
| 650 | _aRISK VALUATION | ||
| 650 | _aRISK MANAGEMENT | ||
| 650 | _aVALUATION METHODS | ||
| 650 | _aPUBLIC SECTOR COMPARATORS | ||
| 650 | _aPUBLIC PROCUREMENT | ||
| 690 | _aMANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT | ||
| 942 | _n0 | ||
| 999 |
_c73048 _d73048 |
||