The Private Finance Initiative and the Changing Governance of the Built Environment

From a construction perspective, Public-Private Partnership projects (PPPs) are often credited as providing real incentives for the actors involved as well as a business environment that is conducive to innovation and improved practices. The validity of four common rhetorical arguments used to promote the PPP procurement route is explored: collaborative working, design freedom, long-term commitment and risk transfer. Particular interest is given to the extent to which espoused intentions correlate with experienced realities in allowing actors involved in the design and construction phases to be presented with, and able to exploit, opportunities for technological innovation. It is argued that there is reason to be cautious in fully accepting the purported benefits of the PPP framework and that the arguments often presented need to be revised. Alternative interpretations are provided.Public-private partnership, technological innovation, risk transfer, collaborative working, design freedom, long term commitment,

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“…Broadbent and Laughlin, 2002;Spackman, 2002); and sustainable development in communities and regions (cf. Kerr, 1998).…”

Section: Why Public-private Partnerships?mentioning

confidence: 95%

Technological innovation in PPPs: incentives, opportunities and actions

Leiringer

2006

Construction Management and Economics

122

112

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“…However, the limits of regulation theory became obvious in the 1970s. Mayntz (1993) attributes such failures to the policy implementation problem (Kerr, 1998) (the executive authorities are unable to implement policies) and the motivation problem (people are unwilling to comply). The limitation of Fordist mode of regulation stimulates the development of post-Fordist mode of regulation, which is represented by increased flexibility and new relationships in the process of production and consumption (Painter, 1995).…”

Section: Housing Governance In Chinamentioning

confidence: 99%

“…Some researchers approach the issue of governance from the perspective of regulation theory (see, for example, Kerr, 1998;Mayntz, 1993). Painter (1 995) sees regulation theory as a set of organising principles involving two core concepts.…”

Section: Housing Governance In Chinamentioning

confidence: 99%

“…Some focuses on the transformations in governance mechanisms. It draws upon organisational theory and grounds the discourse in public management (Lingberg, Campbell and Hollingsworth, 199 1 ;Kerr, 1998;Russell and Waste, 1998). It provides a different vision that involves elements of exchange, markets, brokerage and bargaining (March, 1992).…”

Section: Conceptualising the Changing Forms Of Governancementioning

confidence: 99%

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Beyond the State: New Forms of Housing Governance in China

Zhang

2002

Asian Geographer

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The issue of governance has rapidly become a central research area. However, little research exists in the housing context. Reform in China has signzficantly changed the way in which housing is governed. It leads to eflorts that seek alternative governance mechanisms beyond that centred on the state and has created a mix of institutions and the interaction of different modes of coordination. Market becomes an increasingly predominant form and co-operative solutions are widely adopted. Work units not only act as an economic entity but also as a structure of housing governance. This paper locates the issue of governance within wide disciplines. It first focuses on the changing forms of governance from a theoretical perspective, and then ident$es new patterns of housing governance in China.

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“…A number of authors claim that PFI was introduced for political reasons, namely to provide public sector facilities to minimize the Public Sector Net Cash Requirement 5 (Kerr, 1998;Construction Industry Council, 1998, Clarke andRoot, 1999;Ruane, 2000;Ball et al, 2000). However, the current UK government still sees PFI as a relatively small part of total public investment, currently between 10 and 15% and necessary where there are major and complex projects with significant ongoing maintenance and soft service requirements (HM Treasury, 2003 and.…”

Section: Why Pfi?mentioning

confidence: 99%

Participation, Barriers, and Opportunities in PFI: The United Kingdom Experience

et al. 2008

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Private Finance Initiative (PFI) projects play an increasingly important role for both the UK government and the construction sector. It is still a relatively new form of procurement that requires a wide range of specialist advice during the bidding stage and in-depth knowledge of how the facility will perform in the long term. This paper investigates the level of participation in PFI projects in the UK, the opportunities available for the construction sector, the types of problems experienced and the challenges for the future. It achieves this by analyzing the results of a questionnaire survey of a large number of client and construction organizations. The study finds that there is a wide gap in the level of PFI experience between client and construction organizations, affordability of PFI projects and high bidding costs are key issues for client and construction organizations respectively and, given the nature of PFI projects, there is considerable scope for knowledge transfer both during the project and between different PFI projects.

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The Private Finance Initiative and the Changing Governance of the Built Environment

Cited by 24 publications

References 16 publications

Technological innovation in PPPs: incentives, opportunities and actions

Technological innovation in PPPs: incentives, opportunities and actions

Beyond the State: New Forms of Housing Governance in China

Participation, Barriers, and Opportunities in PFI: The United Kingdom Experience

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