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Full-Text Articles in Architecture
Public Infrastructure Procurement: A Comparative Analysis Of Adversarial And Non-Adversarial Contracting Arrangments, Michael Regan
Public Infrastructure Procurement: A Comparative Analysis Of Adversarial And Non-Adversarial Contracting Arrangments, Michael Regan
Michael Regan
Most public infrastructure is provided by traditional procurement methods generally based on quantitative selection techniques and adversarial contracting principles. International evidence suggests that this method of contracting is inefficient, is often delivered late, and is often over-budget. Further, the adversarial nature of these contracts means that disputes over variations, changes to specification or renegotiation may lead to lengthy and costly ex post negotiations or civil action. The introduction of alternative procurement methods (APM) in the early 1990s introduced a less adversarial contracting approach in which ownership (of decision-making) and responsibility for design and operation of the service-producing asset passed to …
Public Private Partnership Units, Michael Regan
Public Private Partnership Units, Michael Regan
Michael Regan
Public private partnerships (PPPs) are an alternative method for government procurement of infrastructure and are employed widely throughout the world to delivery better procurement performance and improved delivery of public goods and services. As a specialised form of procurement for delivering large, complex and highly networked infrastructure assets, PPPs require enabling policy frameworks, expertise in the selection, analysis, negotiation and delivery of projects and a good understanding of long-term contract management. In developed and developing countries, PPP policy is managed by PPP units formed within a central policy-making agency of government. PPP units require experience and technical skills across a …
Impact Of The Capital Market Collapse On Public-Private Partnership Infrastructure Projects, Michael Regan, Jim Smith, Peter Love
Impact Of The Capital Market Collapse On Public-Private Partnership Infrastructure Projects, Michael Regan, Jim Smith, Peter Love
Michael Regan
The collapse of capital markets is having an impact of the funding arrangements for economic and social infrastructure projects in Australia. Bearing this in mind, this paper seeks to examine whether the current volatility and uncertainty in capital markets in Australia affects the feasibility of privately financed infrastructure and specifically the public-private partnership PPP method of procurement. This paper examines the role and dependency that capital markets play in funding PPPs, current market conditions, and how they will affect PPP viability. In addition, alternative funding and procurement mechanisms that can be used for short- and medium-term infrastructure deliveries are presented.
Integrating Regional And Infrastructure Planning: Lessons From South East Queensland, Australia, Michael Regan, Bhishna Bajracharya
Integrating Regional And Infrastructure Planning: Lessons From South East Queensland, Australia, Michael Regan, Bhishna Bajracharya
Michael Regan
Economic and social infrastructure provision presents a conundrum for urban planners, especially in high growth regional economies experiencing strong population growth, increasing demand for infrastructure services and limits to their capacity to sustain long-term investment strategies. This chapter considers the South East Queensland (SEQ) regional economy and the policy decisions taken in recent years to embed and integrate both regional planning and regional infrastructure investment strategies through the statutory SEQ Regional Plan and SEQ Infrastructure Plans and Programs. This case study examines the benefits from this integrated approach as well as the challenges facing the region. Some of the benefits …
Infrastructure Procurement: Learning From Private - Public Partnership Experiences 'Down Under', Michael Regan, Jim Smith, Peter Love
Infrastructure Procurement: Learning From Private - Public Partnership Experiences 'Down Under', Michael Regan, Jim Smith, Peter Love
Michael Regan
The public - private partnership (PPP) market in Australia is considered to be sophisticated and mature. Yet there have been several major failures that have occurred with economic infrastruc ture projects. Building on the experiences of Australia, we examine the underlying concepts of PPPs and the pertinent issues that have arisen during the procurement of infrastructure projects. Lessons learnt from implementing PPPs with respect to risk allocation, certainty, incentives, intergenerational equity and fiscal sustainability, and the cost of capital are identified and discussed. We conclude by suggesting that future research should focus on examining how PPP delivery can be improved …