Public infrastructure owners are increasingly soliciting BOT arrangements to deliver needed
infrastructure facilities. Such arrangements potentially preserve a public owner's capital …

The allocation and management of revenue risk is a critical issue in the development of
public-private partnership (PPP) concessions for new roadways. In order to attract financing, …

… Accordingly, Garvin (2007a) suggested two analytical templates to evaluate P3 programs
and … See Garvin (2007a) for a more complete literature summary. 3. Many of these cases are …

The revenue risk is considerable in infrastructure project financing arrangements such as
build–operate–transfer (BOT). A potential mitigation strategy for the revenue risk is a …

Since World War II, the American Strategy for infrastructure procurement has evolved to rely
primarily upon a single delivery method, design/bid/build. While this strategy was used to …

Research in construction is often confronted with a trade-off of selecting either in-depth studies
of small-N cases, which may affect generalization of findings, or statistical large-N studies…

… , the national economic climate has heightened concern over PPP transactions, particularly
since the track record of contemporary PPP arrangements to date is rather mixed (Garvin …

The revenue risk is of great importance to ensure the success of a real toll public–private
partnership (PPP) transportation project. Past research has proposed a revenue guarantee put …

Risk is often discussed in connection with public-private partnerships (P3s), and risk allocation
is likely a determinant of P3 success or failure. Despite being central to the delineation …

This paper presents an empirical study of factors contributing to the success and failure of
24 large international construction firms originating in the United States, Europe, and Japan. …