What triggers public-private partnership (PPP) renegotiations in the United States?
Publication Date:
三月 29, 2023
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Public-private partnership (PPP) renegotiations and their outcomes have been studied extensively in Latin America and Europe but not in the United States.
This study evaluates factors triggering U.S. PPP renegotiations by examining six highway PPPs located in Indiana (1), California (2), and Virginia (3).
The findings suggest exogenous macroeconomic shocks, project and political complexity, and institutional inexperience are the most compelling triggers behind U.S. PPP renegotiations.
Public Management Review
Volume 26, 2024
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