IDEAS home Printed from https://ideas.repec.org/a/taf/marpmg/v39y2011i1p63-78.html
   My bibliography  Save this article

Awarding of Port PPP contracts: the added value of a competitive dialogue procedure

Author

Listed:
  • Hidde Siemonsma
  • Wouter Van Nus
  • Patrick Uyttendaele

Abstract

Nowadays, port development and operations are typically structured as a Port Public--Private Partnership (‘Port PPP’) between a public port authority and a private terminal operator. Port PPPs contribute maximum value to an economy when they are optimally scoped and structured in terms of allocation of investment, operational and financing responsibilities and risks amongst the parties. In order to unlock this value potential of Port PPPs, a port authority should award the contract efficiently and effectively to the most suitable terminal operator for the project specifics. In the practice of awarding Port PPPs, however, it is also observed that many initiatives are not successfully implemented. The authors’ experience in the maritime industry has identified that early private sector involvement in the design and awarding of the Port PPP contract significantly contributes to the success of a Port PPP. This article is aimed to inform policy and decision makers, port authorities and terminal operators on the added value of a competitive dialogue procedure in the awarding of Port PPP contracts. The conceptual framework presented in this paper demonstrates that especially for particularly complex projects early dialogue with candidates contributes to improved overall project value by decreasing expected transaction costs and increasing expected contract value.

Suggested Citation

  • Hidde Siemonsma & Wouter Van Nus & Patrick Uyttendaele, 2011. "Awarding of Port PPP contracts: the added value of a competitive dialogue procedure," Maritime Policy & Management, Taylor & Francis Journals, vol. 39(1), pages 63-78, October.
    • Handle: RePEc:taf:marpmg:v:39:y:2011:i:1:p:63-78
    DOI: 10.1080/03088839.2011.642314
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/03088839.2011.642314
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03088839.2011.642314?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kerf, M. & Gray, R.D. & Irwin, T. & Levesque, C. & Taylor, R.R. & Klein, M., 1998. "Concessions for Infrastructure. A Guide to their Design and Award," Papers 399, World Bank - Technical Papers.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tonci Bakovic & Bernard Tenenbaum & Fiona Woolf, 2003. "Regulation by Contract : A New Way to Privatize Electricity Distribution?," World Bank Publications - Books, The World Bank Group, number 15078.
    2. Pargal, Sheoli, 2003. "Regulation and private sector investment in infrastructure - evidence from Latin America," Policy Research Working Paper Series 3037, The World Bank.
    3. World Bank, 2003. "Unsolicited Proposals : The Issues for Private Infrastructure Projects," World Bank Publications - Reports 11305, The World Bank Group.
    4. Mario, Cuevas, 2007. "A Practical Guide to the Assessment of the Vulnerability of the Non-Financial Private Sector," MPRA Paper 1375, University Library of Munich, Germany.
    5. Theys, Christophe & Notteboom, Theo E. & Pallis, Athanasios A. & De Langen, Peter W., 2010. "The economics behind the awarding of terminals in seaports: Towards a research agenda," Research in Transportation Economics, Elsevier, vol. 27(1), pages 37-50.
    6. Michel Bellier & Yue Maggie Zhou, 2003. "Private Participation in Infrastructure in China : Issues and Recommendations for the Road, Water, and Power Sectors," World Bank Publications - Books, The World Bank Group, number 15156.
    7. Frédéric Marty & Arnaud Voisin, 2007. "Les difficultés d’exécution des Partenariats Public-Privé: le retour d’expérience des contrats de Private Finance Initiative britanniques," Documents de Travail de l'OFCE 2007-26, Observatoire Francais des Conjonctures Economiques (OFCE).
    8. Public–Private Infrastructure Advisory Facility, 2003. "Private Solutions for Infrastructure in Honduras : A Country Framework Report," World Bank Publications - Books, The World Bank Group, number 14829.
    9. Antonio Estache & Jose-Luis Guasch & Atsushi Iimi & Lourdes Trujillo, 2009. "Multidimensionality and Renegotiation: Evidence from Transport-Sector Public-Private-Partnership Transactions in Latin America," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 41-71, September.
    10. Michele Moretto & Paolo M. Panteghini & Carlo Scarpa, 2008. "Profit sharing and investment by regulated utilities: A welfare analysis," Review of Financial Economics, John Wiley & Sons, vol. 17(4), pages 315-337, December.
    11. Richard Hosier & Morgan Bazilian & Tatia Lemondzhava, 2017. "Increasing the Potential of Concessions to Expand Rural Electrification in Sub-Saharan Africa," World Bank Publications - Reports 26570, The World Bank Group.
    12. Cledan Mandri-Perrott & Iain Menzies, 2010. "Private Sector Participation in Light Rail-Light Metro Transit Initiatives," World Bank Publications - Books, The World Bank Group, number 2416.
    13. de Rus, Gines & Trujillo, Lourdes & Romero, Manuel, 2000. "Participacion privada en la construccion y explotacion de carreteras de peaje [Private sector funding for the construction and operation of toll roads]," MPRA Paper 12204, University Library of Munich, Germany.
    14. Alfredo Garcia & James Reitzes & Juan Benavides, 2005. "Incentive Contracts for Infrastructure, Litigation and Weak Institutions," Journal of Regulatory Economics, Springer, vol. 27(1), pages 5-24, September.
    15. Hasret Balcioglu, 2017. "Role Of Public Private Partnership (Ppp) Model In Energy Investments," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 6(1), pages 1-38, January.
    16. Kerf, Michel, 2000. "Do state holding companies facilitate private participation in the water sector? evidence from Cote d'Ivoire, the Gambia, Guinea, and Senegal," Policy Research Working Paper Series 2513, The World Bank.
    17. Parker, David & Kirkpatrick, Colin, 2002. "Researching Economic Regulation in Developing Countries: Developing a Methodology for Critical Analysis," Centre on Regulation and Competition (CRC) Working papers 30665, University of Manchester, Institute for Development Policy and Management (IDPM).
    18. Daniel Albalate & Paula Bel-Piñana, 2016. "Winners and losers in tolled motorway renegotiations: an empirical evaluation of the Spanish pioneers," Public Money & Management, Taylor & Francis Journals, vol. 36(5), pages 365-372, July.
    19. Philippe Marin, 2009. "Public-Private Partnerships for Urban Water Utilities : A Review of Experiences in Developing Countries," World Bank Publications - Books, The World Bank Group, number 2703.
    20. Herrera, Veronica & Post, Alison E., 2014. "Can Developing Countries Both Decentralize and Depoliticize Urban Water Services? Evaluating the Legacy of the 1990s Reform Wave," World Development, Elsevier, vol. 64(C), pages 621-641.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:marpmg:v:39:y:2011:i:1:p:63-78. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TMPM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.