This chapter aims to investigate current approaches to risk management of infrastructure projects using an Australian mixed-use development, procured using the Public-Private Partnership (PPP) approach, as a case study. It presents the results of the case study were developed from an analysis of project documentation and a semi-structured interview process and they explore issues that are essential for the successful delivery of a PPP such as the legal structure, stakeholder relationships and the management of risks. A PPP consortium is a temporary organisation with a complex network of players with competing goals and objectives, many of whom never get to see the complete picture. Inevitably the group operates under pressure, particularly the members of the Special Project Vehicle (SPV) who are the drivers of the process. Social, as opposed to economic, infrastructure PPPs are complex. Planning approval was based on the best traffic solution to minimise impact to the community but at the same time maximising customer efficiency.
|Title of host publication||New Forms of Procurement: PPP and Relational Contracting in the 21st Century|
|Place of Publication||London|
|Number of pages||12|
|ISBN (Electronic)||9781317635024, 9781315758053|
|Publication status||Published - 14 Apr 2016|