Eaton, D and Akbiyikli, R. (2008) The Effect of Risk Transfer in PPP’s: An evaluation based on a UK Road Project. In Davis, H (Ed) Infrastructure Finance: Trends and Techniques. Euromoney, New York. (2008)
Eaton, D & Akbiyikli, R. Innovation in PPP. Book Chapter Ed by A Akintoye & Beck. Blackwells. (2008)
Eaton, D. (2008) Creating an Accurate Risk Register Encompassing Lucid Tender Requirements and Its Importance in Construction Competition. Marcus Evans, Prague.
Eaton, D. Public Private Partnerships. (2008) In Udrzitelny Rozvoj V Oblasti Spravy Majetku, (Environmental Issues of Development) Ed by Beran and Casensky, Pp245-250. ISBN80-01-03578-6. CVUT v Praze.
REFERENCES (CONT’D) Akbiyikli, R. Eaton, D. & Dikmen, U. (2010) Private Finance Initiative (PFI) for Road Projects in the UK – Current Practice with a case study. Traffic and Transportation Journal PROMET, Zagreb, Croatia. (SCI Indexed Journal) Akbiyikli, R & Eaton, D. (2010) A Conceptual Framework for Operation and Maintenance Management in PFI Road Projects in the UK. Journal of Civil Engineering and Management, JCEM Vilnius Lithuania. (SCI Indexed Journal) Akbiyikli, R. Eaton, D. & Dikmen, U. (2010) Sustainable Construction and Private Finane Initiative Road Projects in the UK. Journal of Technological and Economical Development of Economy, JTEDE Vilnius Lithuania (SCI Indexed Journal) Akbiyikli, R. Eaton, D. & Dikmen, U. (2010) Financing Road Projects by PFI: Current Practice in the UK Journal of Transport, Vilnius Lithuania. (SCI Indexed Journal) Akbiyikli, R. Dikmen, U. & Eaton,D. (2010) Risks and Risk Management in Heavy Cost Construction Projects. Journal of Professional Issues in Engineering Education and Practice ASCE USA (SCI Indexed Journal)
Only way to do this! Been trying since 1966
Cost Saving – Approx 3%
Safety – No fatalities since opening
Environmental Improvements – landscaping and tree planting
‘ The Jewel’ in the GA Crown!
Revitalisation of linear corridor
Increased housing development
Increased employment opportunities
Road traffic improvements
Canalised: road benefits
Neotenic: housing & social welfare
Progenesic: new industry & employment
Parasitic: trophic cascade
BZ Oscillatory: no evidence ++
ANTI-CORRUPTION – improved by Risk Transfer and Affordability characteristics of PPP;
SUSTAINABILITY – improved by VfM, Risk Transfer, Resilience and Affordability charateristics;
POVERTY REDUCTION – improved by Resilience characteristics;
UBUNTU – improved by Resilience characteristics.
Choice of Model;
Delivery of Model;
CSR – Clients and Industry: attainment;
CA – Clients and industry: achievement;
Multiple Reward Categories – SLEEPT – wider benefits than just economic!!!