All Transport
Inland transport infrastructure investment in OECD remains stable at 0.7% of GDP
Statistics Brief,
19 August 2018
Reducing the cost of major infrastructure procurement in publicly and privately financed projects
Presentation, slides, speech,
21 June 2018
The Procurement Design Assessment System: The roadmap towards it
Presentation, slides, speech,
21 June 2018
Private Investment in Infrastructure: Dealing with uncertainty in contracts
Presentation, slides, speech,
21 June 2018
Competition in Large Projects: PPPs vs Traditional Procurement
Presentation, slides, speech,
21 June 2018
Addressing risk and uncertainty in long-term PPP contracts
Presentation, slides, speech,
21 June 2018
Private Investment in Transport Infrastructure: Dealing with Uncertainty in Contracts
Research Report, Policy Insights,
21 June 2018
- Pursue private investment in infrastructure on the merits of improved efficiency.
- Invest more into upfront preparation of projects to reduce inefficient risk pricing by suppliers.
- Undertake a comprehensive analysis of how to assist suppliers.
- The pursuit of certainty in delivery should be balanced against cost.
- Stimulate innovation through early contractor involvement or alliancing, not public-private partnerships.
- Avoid transferring demand risk to public-private partnerships if service levels do not strongly impact demand.
- Bundle and cross-fund public-private partnerships to reduce demand risk.
- Adopt the regulatory asset base model where competition is absent or demand not strongly endogenous.
- Introduce a transparent public accounting standard to maximise the value for money of private investment.
- Foster competitive markets to achieve cost-effective infrastructure.
- Pursue data collection on how contract design affects project outcomes.
- Support the development of an evidence-supported procurement tool.
Partenariats public-privé pour les infrastructures de transport
Roundtable Report, Policy Insights,
29 January 2018
- Ne renégocier les PPP que dans des cas exceptionnels.
- Faire appel à un arbitre indépendant pour établir si le résultat d’un PPP cadre avec ce que les parties auraient négocié si elles avaient prévu le changement intervenu.
- Envisager de charger une instance indépendante de statuer sur le bien-fondé de la renégociation d’un PPP.
- Inclure la réputation et la compétence avérée parmi les critères d’attribution des contrats de PPP.
- Comparer les avantages et inconvénients des PPP avec ceux des autres formes de participation des capitaux privés.
Integrated Transport Development Experiences of Global City Clusters - Urban and Suburban Transport in Mexico City
Presentation, slides, speech,
2 July 2015
Urban Development, Transport Investments and Connectivity in the Ile-de-France Region
Presentation, slides, speech,
2 July 2015
Integrated Transport Development in China’s Emerging Urban Agglomerations
Presentation, slides, speech,
1 July 2015
Urban Planning and Transport Infrastructure Provision in the Randstad, Netherlands – a Global City Cluster
Presentation, slides, speech,
1 July 2015
Cities as Labor Markets: Relevance to China City Cluster Development
Presentation, slides, speech,
1 July 2015
Measuring Public Investment in Transport Infrastructure and Logistics Indicators for Efficient Investment
Presentation, slides, speech,
9 March 2015
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Roundtable Report, Policy Insights,
24 September 2013
- A mix of financing models spreads risks.
- A dedicated budget for PPPs, set in relation to the rate at which future liabilities will be accumulated, can provide such a limit.
- Explicit consideration of alternative financing arrangements should be employed in determining whether to proceed with PPP projects.
- It is recommended that governments require PPP projects to pass tests of affordability and to clear the hurdle rates of return generally applied to publicly financed transport projects.
- The expected cost of PPP projects should take account of cost inflation resulting from the propensity for projects to be renegotiated.
- At the individual project level, risks should be assigned to the party best able to manage them, along with rights to make related decisions.
- Assigning demand risk is not straightforward and risk sharing arrangements are therefore common.
- Continuity of resources and expertise is essential for addressing strategic behaviour and optimism bias more generally.
- Regulatory agencies are well placed to ensure transparency and accountability by publishing reports on the criteria employed to make decisions and publishing contracts.