We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...

Contents: Preface -- 1. Setting the scene -- 2. How did the idea of PPPs arise? -- 3. Exploring what PPPs can and cannot do -- 4. Can PPPs ever be good value? -- 5. Why choose a PPP? -- 6. Ppps and megaprojects -- 7. Where to now for PPPs? -- 8. Conclusions references Index

Evolution of Hybrid PPPs -- Hybrid Annuity Model (HAM) – Timeline -- Contractual Structure & Risk Allocation Framework -- Success of HAM in the Indian Context -- Project Finance and Secondary Market Transactions -- Contract Review – Model Concession Agreement (MCA) -- Tax Review - Indirect...