Partnership arrangements in public–private partnerships

Insights from Irish road public–private partnerships

Authored by: Istemi S. Demirag , Richard Burke

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.ch15

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Abstract

This chapter evaluates the existing literature on the different partnership arrangements that develop in public–private partnerships (PPPs). An overview of PPPs and the key stakeholders that come together to create these partnerships is provided. This is then followed by a discussion of the Irish PPP structure with particular emphasis on Ireland's PPP roads sector. An overview of some of the key stakeholders and their relationships in Irish road PPPs is examined. The role that PPPs have played in improving Ireland's road network is then highlighted. Within the PPP structure three types of partnerships are discussed: the relationship between the public sector bodies responsible for PPPs; the relationship between the procuring authorities and the Special Purpose Vehicle (SPV); and finally the relationship between the SPV members. We draw on examples from the international literature on the extent to which these partnerships have developed worldwide. A number of factors from the literature, such as flexibility, cooperation, trust and risk transfer, that may contribute towards successful partnerships in PPP are described.

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