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This paper analyzes the experience, high incidence, lesson learned and reflections on the issue renegotiations in Latin America, based in the evolution of PPP contracts through the last 25 years. The paper also shows how countries via new PPP laws, regulations, norms and specific platforms can...
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, contract renegotiations are common and make us question the benefits to PPPs. Under current accounting standards, PPPs allow …
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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 …
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