It is commonly assumed that transaction costs linked to the establishment of Public Private Partnerships, make it prohibitive to make them too small. In a Danish context this has been safeguarded by the authorities, which recommend sizes over 13, 4 million euro (100 million euro). The research...

In the later years an increasing number of European countries have engaged in PPP as a means to develop the built environment element of the public services. These include countries like Germany, Portugal, Ireland, Holland, France, and Denmark to mention some (DLA 2005, RICS 2005). There a few...