Gifford, Jonathan; Bolaños, Lisardo; Daito, Nobuhiko - 2014
that fall outside the expectations embodied in the contract, one party may seek to renegotiate the contract terms. Globally …, the frequency of P3 contract renegotiations has been sufficient to raise questions regarding why these events occur and …: contract modifications, defaults, bankruptcies and buyouts. While the US highway P3 market has grown gradually, failure to …