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Private Partner Prioritization for Public–Private Partnership Contracts in a Brazilian Water Company Using a Multi-Criteria Decision Aid Method

Author

Listed:
  • Thaís Lima Corrêa

    (Management Engineering Department, Federal University of Pernambuco, Recife 50670-901, Brazil)

  • Danielle Costa Morais

    (Management Engineering Department, Federal University of Pernambuco, Recife 50670-901, Brazil)

Abstract

Public–private partnerships (PPPs) are long-term contracts between government entities and private companies, and are increasingly being adopted in developing countries due to the large need for investments in sectors such as water and sewerage and also in order to benefit from the experience and to have access to the resources and technology of the private sector. Prioritizing the private party of the contract becomes a complex decision due to the characteristics of PPP contracts, and a standard of evaluation has not been adopted yet, the decision usually being made by evaluating the price. Thus, this research aims to propose a set of criteria to be incorporated into the decision problem that involves technical aspects. It then seeks to rank alternatives by using a multi-criteria decision aid method, FITradeoff, which supports the decision-maker (DM) in prioritization and provides transparency and security to the process.

Suggested Citation

  • Thaís Lima Corrêa & Danielle Costa Morais, 2024. "Private Partner Prioritization for Public–Private Partnership Contracts in a Brazilian Water Company Using a Multi-Criteria Decision Aid Method," Mathematics, MDPI, vol. 12(13), pages 1-22, June.
    • Handle: RePEc:gam:jmathe:v:12:y:2024:i:13:p:2041-:d:1426162
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    References listed on IDEAS

    as
    1. Eduarda Asfora Frej & Adiel Teixeira Almeida & Ana Paula Cabral Seixas Costa, 2019. "Using data visualization for ranking alternatives with partial information and interactive tradeoff elicitation," Operational Research, Springer, vol. 19(4), pages 909-931, December.
    2. Eslam Mohammed Abdelkader & Tarek Zayed & Hassan El Fathali & Ghasan Alfalah & Abobakr Al-Sakkaf & Osama Moselhi, 2023. "An Integrated Multi-Criteria Decision Making Model for the Assessment of Public Private Partnerships in Transportation Projects," Mathematics, MDPI, vol. 11(16), pages 1-41, August.
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