Kumaraswamy, M;
Anvuur, A;
Rahman, M;
(2005)
Balancing contractual and relational approaches for PPP success and sustainability.
In: Ng, TST and Poon, SW and Rahman, MM, (eds.)
(pp. pp. 104-114).
The University of Hong Kong and Civil Division of HKIE: Hong Kong.
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Abstract
Useful synergies are targeted by proposing a convergence of hitherto parallel international endeavours towards: (1) developing better and sustainable relationships for more productive construction project teams, in general; and (2) optimising the necessarily long term contractual arrangements of PPPs in particular. Examples are drawn from Africa and Latin America to reinforce reported PPP experiences from other regions, in building up a case for injecting ‘relational contracting approaches’ in order to develop more productive and sustainable PPPs. Strong and sustainable relationships are shown to be essential, and complementary to appropriate contractual incentives, that would together empower PPP project teams to focus on developing sustainable infrastructure and ultimately on overall sustainable development. These propositions are merged into a basic model that merits further investigation and development, in order to ensure that planned PPPs benefit the community at large, in respect of both present and future generations.
Type: | Proceedings paper |
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Title: | Balancing contractual and relational approaches for PPP success and sustainability |
Open access status: | An open access version is available from UCL Discovery |
Publisher version: | http://hdl.handle.net/10722/118081 |
Keywords: | Africa, classical contracting, Latin America, PPP, relational contracting, sustainability |
UCL classification: | UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett Sch of Const and Proj Mgt |
URI: | https://discovery.ucl.ac.uk/id/eprint/20487 |
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