Equitable Risk Allocation in Chinese Public–Private Partnership Power Projects

Ke, Y; Wang, SQ; Chan, APC

Equitable Risk Allocation in Chinese Public–Private Partnership Power Projects

Ke, Y

Wang, SQ Chan, APC

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Publisher:: Springer
Publication Type:: Conference Proceeding
Citation:: 2011, pp. 131 - 138
Issue Date:: 2011

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Field	Value	Language
dc.contributor.author	Ke, Y https://orcid.org/0000-0003-3426-703X	en_US
dc.contributor.author	Wang, SQ	en_US
dc.contributor.author	Chan, APC	en_US
dc.contributor.editor	Wu, D	en_US
dc.date.issued	2011	en_US
dc.identifier.citation	2011, pp. 131 - 138	en_US
dc.identifier.isbn	978-3-642-15243-6	en_US
dc.identifier.uri	http://hdl.handle.net/10453/120597
dc.description.abstract	It is important for the public and private sectors to establish effective risk allocation strategies for PPP projects in order to achieve a more efficient process of contract negotiation. This paper has studied the equitable allocation of risks in China’s PPP power projects based on a comparative analysis of preferred and actual risk allocations. According to the analysis, three risks, namely, “Change in law”, “Competition (Exclusive right)” and “Organization and coordination risk” had different allocations. Reasons behind the differences were analyzed and more appropriate allocations for the three risks were also discussed. The preferred and actual allocation for other risks would also be reported in this paper.	en_US
dc.publisher	Springer	en_US
dc.relation.ispartof	International Conference on Sustainable Construction and Risk Management	en_US
dc.relation.isbasedon	10.1007/978-3-642-15243-6_15	en_US
dc.title	Equitable Risk Allocation in Chinese Public–Private Partnership Power Projects	en_US
dc.type	Conference Proceeding
utslib.for	1202 Building	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US

Abstract:

It is important for the public and private sectors to establish effective risk allocation strategies for PPP projects in order to achieve a more efficient process of contract negotiation. This paper has studied the equitable allocation of risks in China’s PPP power projects based on a comparative analysis of preferred and actual risk allocations. According to the analysis, three risks, namely, “Change in law”, “Competition (Exclusive right)” and “Organization and coordination risk” had different allocations. Reasons behind the differences were analyzed and more appropriate allocations for the three risks were also discussed. The preferred and actual allocation for other risks would also be reported in this paper.

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http://hdl.handle.net/10453/120597