March 2022

Public Interest and Early Termination of PPP Contracts: Can Fair and Reasonable Compensations be Determined?

Eoin Reeves (ed), University of Limerick, Ireland

Study by Rui Cunha Marques.

This paper examines the issue of early termination of PPP contracts.  It focuses on contracts that are terminated in the ‘public interest’ and investigates how fair and reasonable compensation mechanisms can be implemented.  The author argues that the option of using the private sector for the provision of public services is justifiable for reasons such as value for money.  However, excessive profits should not be acceptable when the private sector provides essential services (services of general interest) such as urban water or sewerage services.  These services are not the same as other businesses and require demanding governance.

Login to unlock
Unlock this article
Related Articles
PPP performance evaluation: the social welfare goal, principal–agent theory and political economy

January 2024

PPP performance evaluation: the social welfare goal, principal–agent theory and political economy

Public-Private Partnerships in the Gulf Cooperation Council Region: Policy Discussions, Projects, Regulatory Frameworks, and Future Directions

December 2023

Public-Private Partnerships in the Gulf Cooperation Council Region: Policy Discussions, Projects, Regulatory Frameworks, and Future Directions

Building Bridges: Unravelling the Missing Links Between Public-Private Partnerships and Sustainable Development

November 2023

Building Bridges: Unravelling the Missing Links Between Public-Private Partnerships and Sustainable Development

Explaining Public-Private Partnership Projects Through Political Factors: An Assessment of Developing Countries

October 2023

Explaining Public-Private Partnership Projects Through Political Factors: An Assessment of Developing Countries

Exploring Risk Factors Affecting Sustainable Outcomes of Global Public-Private Partnership (PPP) Projects: A Stakeholder Perspective

September 2023

Exploring Risk Factors Affecting Sustainable Outcomes of Global Public-Private Partnership (PPP) Projects: A Stakeholder Perspective

Procuring Infrastructure Public-Private Partnerships: Capability Development and Learning from an Owner Perspective

August 2023

Procuring Infrastructure Public-Private Partnerships: Capability Development and Learning from an Owner Perspective