Mechanisms for protecting returns on private investments in public infrastructure projects

Despite the widespread attention for the private financing of infrastructure projects, actual empirical work on financing public-private partnerships remains limited. Especially the topics of return on equity and lenders’ cash flow control in relation to uncertainty are under-researched. The aim of this paper is to investigate and discuss the...

Risk Allocation in DBFM Projects: Providing Practical Guidance in the Risk Allocation Process of DBFM Projects

The risk allocation in DBFM projects is currently a hot topic, whereby multiple contractors have withdrawn from the procurement of these projects. This research provides a practical guidance in the risk allocation process of DBFM projects, consisting of design principles of literature and lessons learned from practice. The design principles that...