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Cross-sector Analysis of Four Renegotiated Transport PPPs in Portugal

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This paper uses the Fertagus renegotiation results as a reference and explores the features that made it such a widely commended case, aiming to identify the best practice to be followed in other cases. The two main questions that this paper aimed to respond were: Was the success of the renegotiation process in the Fertagus contract due to mode-specific factors? Are those factors (mode specific or not) transferable to other modes under public private partnership (PPP) contracts and if so, to what extent? Regarding the mode specificity and transferability analysis, it can be noticed that much of the features were not mode specific in theory, however for the successful transferability to other transport modes, some changes should be made to the PPP model taking into account modal specificities and national contexts.
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Keywords: contracts; public–private partnerships; renegotiations; repayments; risks

Document Type: Research Article

Affiliations: Instituto Superior Técnico — Universidade de Lisboa, Avenida Rovisco Pais, 1049–001, Lisbon, Portugal

Publication date: March 4, 2015

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