Public Private Partnerships And Concessions In The Eu

In view of the fact that public infrastructure, health and other services are being more consistently delivered through Public-Private Partnerships (PPPs) and concessions; this timely book explores these complex contractual arrangements involving cooperation between public and private sectors. It considers that PPPs have become increasingly prevalent following the financial crisis and examines the applicable legal regimes that are still, to a large extent, unclear to many.

Providing a one-stop shop, multi-disciplinary approach to public procurement, Public Private Partnerships in the European Union offers its readers a practical description and analysis of the relevant policies, law and jurisprudence and explores possible future trends in public procurement regulation.

This book investigates public-private partnerships, with special reference to the law of the European Union and the Member States. It deals in detail with what public-private partnerships are, whether and how they are regulated, and whether the concept carries meaning outside the regulatory framework. Based on detailed analysis, the author offers conclusions on how public-private partnerships should develop and be regulated in practice, and provides a solid basis, including a comprehensive review of the relevant literature, for further research. This book will be important to researchers and students in political law and regulation, as well as practitioners and policy makers. Although the examples studied are from the European Union, the conclusions will be applicable worldwide.

This comprehensive book provides a unique comparative policy analysis of public-private partnerships (PPPs) in 14 Western European countries – from Scandinavia to Greece – bringing together important insights from government and politics as well as economics and institutional analysis. Thomas Krumm focuses on political drivers for policy change in favour of PPPs, and the supportive and limiting socioeconomic and institutional conditions. Using comparative data, he charts key policies and actors involved in supporting collaboration between the State and private business organisations across Western Europe. Students and scholars of public policy, regulation and comparative politics, among other disciplines, will find this book to be useful in their research or teaching. It will also be of substantial interest to PPP practitioners, and other specialists in the subject.

Public procurement law is a necessary component of the single market because it attempts to regulate the public markets of Member States and represents a key priority for the European Union. This Research Handbook makes a major contribution to the understanding of the current EU public procurement regime, its interface with the law of the internal market and the pivotal role that this will play in the delivery of the European 2020 Growth Strategy.

Presenting an evaluation of the critical elements of the contractual and regulatory design of the public-private collaboration that determines the likelihood of success and failure, this unique book will be of special interest to academics, graduate st

This book is an examination of the sovereign risk and debt limit issues facing the Eurozone (crisis/post crisis) and the need for alternative mechanisms to fund the capital investment requirements of the region.

Public-Private Partnerships (PPP) are now firmly established in the European political landscape as a means of public service delivery. Their use has grown rapidly in recent years and the main drivers - particularly the gap between the financing needed to modernise infrastructure and improve public services and the public funds available at EU, national and sub-national level - are as strong as ever. But the way PPP are often implemented is in need of reform. The main needs are to increase legal certainty and the transparency and competitiveness of PPP procurement processes and to develop an approach which better fits the needs of the public sector for value for money. Yet objective advice for decision makers on when and how to use PPP effectively and how to create the right policy, legal and operational framework is hard to find. Cutting through the jargon and the misconceptions, this book is an independent guide for those facing these challenges at all levels in Europe. In particular, it aims to move beyond the mindset in which PPP is used as the default option for public investment projects without a pragmatic and rigorous assessment on a case by case basis. Written from a public sector perspective, this book has two main audiences in mind, i.e.: European decision makers responsible for creating an appropriate legal framework at EU level for PPP and wanting to understand the impact of European policy decisions on how PPP are used to implement them, Politicians and senior public officials at national level currently facing choices about when and how to use PPP and also how to remove administrative and legal barriers to using them. After an introduction which explains what PPP are and how and why they have emerged, successive chapters deal with the management of a national PPP programme, an analysis of the policy, legal and operational framework for PPP (including how private sector suppliers and financiers view PPP) and how and why auditors should play a key role in ensuring the effective implementation of PPP. Finally, the book includes recommendations to improve the future use of PPP, aimed at better legislation, more effective policy making, more effective implementation of PPP and an enhanced role for auditors as the guardians of value for money. The recommendations add up to an agenda for reforming the implementation of PPP in Europe. It is an agenda which will need political will both at national and European level to implement, but it is one which, as the author argues, needs to be implemented to secure the future of PPP as an option available to policy makers responsible for delivering public services.