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The Role Of Contracts In Public Private Partnerships, G. Noble
The Role Of Contracts In Public Private Partnerships, G. Noble
Faculty of Commerce - Papers (Archive)
The very public stoush between Sydney’s CrossCity Motorway (CCM) and the NSW Government over the Cross City Tunnel provides observers of Public Private Partnerships (PPPs) with interesting insights into the workings of these unique forms of private sector - government relationships. The Cross City Tunnel conflict highlights the significance that formal contracts can have when a PPP goes awry. PPP contracts do not just codify who is responsible for what and how risk and rewards will be shared they also act as an important safety mechanism when the relationship between partners breaks down. Research I have conducted in both Australia …