DEVELOPING A FRAMEWORK FOR EX-POST VALUE FOR MONEY ANALYSIS IN PUBLIC PRIVATE PARTNERSHIP PROJECTS

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dc.contributor.advisorCui, Qingbinen_US
dc.contributor.authorGhorban, Amiren_US
dc.contributor.departmentCivil Engineeringen_US
dc.contributor.publisherDigital Repository at the University of Marylanden_US
dc.contributor.publisherUniversity of Maryland (College Park, Md.)en_US
dc.date.accessioned2015-09-18T06:05:22Z
dc.date.available2015-09-18T06:05:22Z
dc.date.issued2015en_US
dc.description.abstractIn recent years, Public Private Partnerships (PPPs) has emerged as a project delivery option for transportation projects in the US. This type of project delivery is generally a long term agreement between the public and private sectors for the purpose of delivering a project or service traditionally provided by the public sector. Some of the reasons for implementing PPPs are the ability to provide an overall lower life-cycle cost and to increase cost and schedule certainty. This is sometimes referred to as the ability to provide a better Value for Money, hence the use of Value for Money (VFM) analyses to compare overall financial impacts of PPP against those of a traditional delivery alternative. While the VFM analysis is considered as the best practice for selecting PPP approach, the primary challenge in conducting the analysis, however, is to validate the empirical results of these studies. Most of the previous studies have investigated ex-ante results and little has been done in regards to what can be considered ex-post studies. This study presents a framework for ex-post value for money analysis. Processes, data requirement, and algorithms are developed to ensure an ex-post assessment can be performed at various stages of PPP project development including commercial close, substantial completion, during operation and maintenance phase, and final acceptance. The Presidio Parkway project in San Francisco will be used as a case study to illustrate the method and procedure of ex-post VFM analysis framework.en_US
dc.identifierhttps://doi.org/10.13016/M2SD2P
dc.identifier.urihttp://hdl.handle.net/1903/17127
dc.language.isoenen_US
dc.subject.pqcontrolledFinanceen_US
dc.subject.pqcontrolledCivil engineeringen_US
dc.subject.pquncontrolledEx-post VFMen_US
dc.subject.pquncontrolledProcurementen_US
dc.subject.pquncontrolledPublic-Private Partnershipsen_US
dc.subject.pquncontrolledValue for Money Analysisen_US
dc.titleDEVELOPING A FRAMEWORK FOR EX-POST VALUE FOR MONEY ANALYSIS IN PUBLIC PRIVATE PARTNERSHIP PROJECTSen_US
dc.typeThesisen_US

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