Risk allocation model (RA model)

The critical success factor for public–private partnerships

Authored by: Gerhard Girmscheid

The Routledge Companion to Public–Private Partnerships

Print publication date:  February  2013
Online publication date:  March  2013

Print ISBN: 9780415781992
eBook ISBN: 9780203079942
Adobe ISBN: 9781136163302

10.4324/9780203079942.ch11

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Abstract

Public–Private Partnership (PPP) has established itself internationally as a popular and successful alternative for the fulfilment of public responsibilities. The objective of a PPP is to create synergetic effects through risk transfer, the provision of specific expertise and economic competence by the private sector in combination with the public sector. Those synergies develop through optimal risk allocation that reflects the partners’ capacity.

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