Region: Europe and Central Asia
Country: Germany
Keywords: PPP Reference Guide, Online Guide, PPP Basics
Document Link(s):
Document Summary:
This paper compares Project Finance with the Forfeiting Model as the two basic forms that are used to finance Public Private Partnership projects in Germany. It describes the basic characteristics of both models in order to estimate their respective advantages and disadvantages from the public principal’s perspective. The economic feasibility study is presented as an instrument to choose the most efficient PPP financing form. It is used to compare idealised models of PPP financing variants. The comparison reveals the composition of the total costs and emphasises the close connection between financing costs and transferred risks. The research findings show that the economic feasibility study enables public decision makers to evaluate the total costs of a PPP project depending on the chosen financing form.
Document Details:
Daube, Dirk, Susann Vollrath, and Hans Wilhelm Alfen. 2008. “A Comparison of Project Finance and the Forfeiting Model as Financing Forms for PPP Projects in Germany.” International Journal of Project Management 26 (4) 376-387. [#4246]
Updated: June 27, 2022
Visit the PPP Online Reference Guide section to find out more.
Visit the PPP Online Reference Guide section to find out more.
Visit the PPP Online Reference Guide section to find out more.
Visit the PPP Online Reference Guide section to find out more.