Social and Behavioral Sciences Commons^™

Government Institutions And Infrastructure Skills Development, Michael Regan, Jim Smith, Peter Love

Michael Regan

The capacity of state institutions is central to the efficient delivery and management of infrastructure. The paper examines two models for improving the skills of managers in central and line agencies of government for infrastructure procurement and management in emerging economies. The first examines the role of the Public Private Partnership (PPP) unit, a specialist agency equipped with the technical capabilities, transactional experience and budget to provide training and assistance to line agencies for the effective delivery of infrastructure projects. Integrated into this model, and used by several nations, is the use of trained relationship managers to manage service contracts …

Assessing Risk In Infrastructure Public Private Partnerships, Michael Regan, Jim Smith, Peter Love

Michael Regan

Public private partnerships are a method for the delivery of social and economic infrastructure services in over 80 countries worldwide. PPPs are a contractual arrangement between public and private entities through which the skills, assets and/or financial resources of both sectors are allocated in such a manner that provides optimal service delivery and good value to society. Central to the operation of public private partnerships is the systematic evaluation of the procurement options available to government, an output specification to encourage private design, risk transfer, construction and operational innovation, the detailed analysis of projects over their operational life-cycle, a rigorous …

Ex-Ante Evaluation Of Public-Private Partnerships: Macroeconomic Analysis, Junxiao Liu, Peter Love, Brad Carey, Jim Smith, Michael Regan

Michael Regan

Public-private partnerships (PPPs) are currently a popular approach for governments to procure social and economic infrastructure. The macroeconomic environment plays a critical role and influences the factors that can lead to the successful delivery of a PPP project. Despite the importance of the macroeconomic environment, limited attention has been paid to ex-ante (that is, before the event, or forecast) evaluation. A review of the normative literature was undertaken, aiming to derive key performance indicators (KPIs) of PPP success. The KPIs were validated by using a vector error correction model. It is suggested that the developed KPIs can be used to …

Value For Money In International Infrastructure Public Private Partnership Policies: Survey Of African States, Michael Regan, Jim Smith, Peter Love

Michael Regan

The international evidence suggests that public private partnership (PPP) procurement methods using value for money evaluation criteria are delivering better infrastructure services at lower cost than traditional procurement methods. Central to the operation of public private partnerships is the systematic evaluation of the procurement options available to government, as well as an output specification to encourage private design, risk transfer, construction and operational innovation, the detailed analysis of projects over their operational life cycle, a rigorous and competitive bid process, and the selection of proposals that deliver value for money. Value for money is a measure that takes into account …

Value For Money In International Infrastructure Public Private Partnership Policies: Survey Of African States, Michael Regan, Jim Smith, Peter Love

Jim Smith

The international evidence suggests that public private partnership (PPP) procurement methods using value for money evaluation criteria are delivering better infrastructure services at lower cost than traditional procurement methods. Central to the operation of public private partnerships is the systematic evaluation of the procurement options available to government, as well as an output specification to encourage private design, risk transfer, construction and operational innovation, the detailed analysis of projects over their operational life cycle, a rigorous and competitive bid process, and the selection of proposals that deliver value for money. Value for money is a measure that takes into account …

Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports, Grant J. Bunnage

CMC Senior Theses

The growing popularity of North American professional sports over the last twenty years directly coincides with the recent trend of urban communities using tax dollars to publically subsidize professional football, baseball, and basketball stadiums. Communities across North America invest substantial amount of public tax dollars in private facilities in light of a consensus among policy analysts that the economic impact of the new stadium is greatly exaggerated. The economic impact of new stadiums has been extensively researched, the focus of this paper rather, is to examine the impact publically subsidized facilities built in the last twenty years have on the …

Benefits For All: The Economic Impact Of The New Jersey Child Care Industry • Infant/Toddler, Preschool And Out-Of-School Time Programs, Brentt Brown, Saskia Traill Ph.D., Caroline Purnell Tompkins, The New Jersey Child Care Economic Impact Council, The John S. Watson Institute For Public Policy Of Thomas Edison State College

Center for the Positive Development of Urban Children

The child care industry includes infant/toddler care and education, preschool and out-of-school time care and education programs in for-profit, nonprofit and public settings that educate and nurture children’s development and enable their parents to work and update their skills. This report examines the economic impact of New Jersey’s child care industry and presents a complete picture of its gross receipts, number of employees and how the industry provides benefits for all. The child care industry is integral to family and economic life of New Jersey residents:

1. Child care and education programs with quality learning environments support New Jersey’s future …

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