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EN
Public-private partnership (PPP) is a form of co-operation of public and private sectors aimed at realisation of public tasks connected to supplying public goods and services by private firms or to their participation. The significance and forms of PPP have been developing for several years according to the changes in economic, social and political conditions of economic activities. At present, PPP can be treated as an important instrument of providing public goods, especially if we take into consideration budgeting constraints. There are a lot of benefits from applying PPP, e.g. increasing of the quality of public goods, decreasing of costs of their providing, more efficient allocation of resources. In the case of engaging a lot of entities in the realisation of any project such as government (central state or local) authority or a government-owned enterprise, project sponsors, construction companies, providers of necessary equipment, plant operators, insurers, etc., they must co-operate in this process. In order to understand motivation of both public and private sectors, it is useful to examine PPP as a game. Game theory contributes to better understanding of the mechanism of PPP and of accompanying strategic issues combined with its functioning.
EN
The paper considers problem of public – private partnership (PPP). The mixining PPP isn’t new idea. There were a lots of experience of this cooperation in history of civilization. The practice PPP brought different models of this partnership. One of the most important problem is how to establish an effective principles of the PPP. There were lots examples of the successfully partnership in this field which were brief characterized in the paper. PPP may bring chances for an effective development private entrepreneurship and regional and local authority.
EN
The aim of this article is to describe selected methods for evaluating legitimacy of engagement of the public sector into the public-private partnership (PPP). It also presents an example of public-private partnership, showing the role of the private partner in creating the final version of investment planned by the public-sector authority. The author presents the origin and evolution of public-private partnership in Poland, analyzes the strengths/opportunities and threats connected with public and private sector partnership, as well as describes and evaluates the methods used for assessing the effectiveness of cooperation in the model of public-private partnership.
EN
The limitations on incurring excessive debt by local government units must encourage persons responsible for budgets to adopt a new approach to public funds management. Not only does such a situation require seeking new sources of income, but it also necessitates active management of self-government assets, as well as using accessible legal means as regards investment implementation. Self-government bodies are forced to seek such financing instruments and structures that do not have a direct impact on debt indicators and debt service indicators. A public-private partnership can prove to be the solution which guarantees the continuity of investment processes conducted by self-government bodies. The essence of public-private partnership is a longterm business relation between the public and private partner whose aim is to create infrastructure enabling the delivery of public services. In spite of the fact that the act on PPP was passed in Poland three years ago, the number of initiatives using this formula is still insufficient in relation to the investment needs of local government units. The author presents PPP as an efficient management model of LGU budgeting in an economically unstable environment. Moreover, based on a survey among LGUs, he investigates the possible reasons for the lack of interest in the implementation of projects in the new formula. The author presents PPP as an efficient management model of LGU budgeting in an economically unstable environment. Moreover, based on a survey among LGUs, he investigates the possible reasons for the lack of interest in the implementation of projects in the new formula.
EN
The lack of a domestic capital and the need to upgrade the infrastructure drove to the effort to solve this problem with mobilising of the private finance. The article presents the role of the public-private partnership (PPPs) and experience with it in the selected countries of the Central and Eastern Europe (CEE). Why the PPPs have not been very successful in this region is mainly due to unfavourable institutional environment during the transition period, suboptimal project design and the unrealistic demand projections. The article is structured in the following ways: section 1 provides the basic information about PPPs, section 2 provides a survey of PPPs in CEE over the last decade. Section 3 is focused on the highway sector in selected countries of CEE, as a particularly strategic infrastructure sector. Section 4 points out the advantages and disadvantages of the PPPs and gives the general conclusions.
EN
Contemporary determinants of the public sector activity are connected with emerging new public services, creating and transforming human capital and growth of social needs. The dynamic of environmental changes forces public organizations to build the productive potential and search for alternative sources of funding the investment in the range of social needs. Public -Private Partnerships (PPP) is a promising method to finance public services or goods when the public budget is limited, using activity, dynamics and the efficiency of the private sector. PPP is usually defined as a collaborative arrangement between the public and one or more private organizations. By combining public expertise, complementary contribution from the private sector and using tools of planning and monitoring and collecting information, PPP can offer leverage its resources, assets and generate a revenue stream. In this article, the authors are concerned with target costing as a management tool which can be used in the PPP arrangement and processes.
EN
Public-private partnerships (PPP) involve private sector in delivering infrastructure assets and services in pursuit of value for money. The aim of this article is to select and analyse value for money drivers, which crucially influence provision of value for money through PPP in the Slovak political and economic environment. According to results of the realized survey there are six primary values for money drivers in public-private partnerships. They stimulate cost reduction, qualitative innovations or create general preconditions of value for money provision. This article highlights differences in value for money potential of PPP across sectors. It also relates primary value for money drivers with the project cycle of PPP.
EN
In this paper the authors analyse the early stages of the highway construction program in Poland. They argue that the whole investment process could be accelerated if much attention was paid to establishing a better legal framework. Investigating the bids for the A2 highway and the implementation of the concession agreement, they highlight the excessive red tape and poor monitoring system which led to a serious slowdown in the construction process. They also stress the necessity of choosing the best adapted financing method for infrastructure investments, as the use of the Public-Private Partnership (PPP) scheme has partially failed because of its financial weakness.
EN
On the basis of his research on the foreign experience of the implementation of infrastructure projects, the author analyzes the preconditions for reforms of Ukraine's housing and communal services and justifies various priority guidelines of the attraction of private investments to this sphere.
EN
The article grounds a necessity of forming the evaluation system of public-private partnership, considers the types of investment projects and outlines the basic provisions of such system. The variant of development the feasibility projects study in the framekwork of public-private partnership conception is offered.
EN
Energy efficiency is the main direction of energy policy in many countries of the world. It is due to the exhaustible of non-renewable fuel and energy resources, the lack of real alternatives to replace them. In Ukraine energy efficiency is an important element of state policy, a priority of national economic development. In the article the institutional support of energy efficiency of the national economy is examined. The main mechanisms for implementation of energy efficiency in modern conditions are defined. Implementation of energy efficiency mechanisms of the national economy is carried out by introducing of standardization, certification, labelling, regulation, public control and energy audit. Expediency of use of public-private partnership’s mechanism in the field of energy efficiency is motivated, which will permit to overcome the problem of deficit of financial ensuring of energy efficiency measures, will improve management efficiency, inculcation of innovative solutions, technology transfer, distribution business and investment risk between partners.
EN
The procedures of privatization and attracting private capital to expand, modernize and improve the efficiency of state-owned sea ports necessitated the evaluation of companies in terms of their attractiveness to potential investors and the choice of the most suitable forms of interaction between government and business. To solve this problem is proposed to form the matrix of the attractiveness of public seaports of Ukraine, based on the criteria of investment attractiveness of the seaport and its market share. This matrix will highlight six port groups, to improve the effectiveness of which can be offered appropriate forms of public-private partnerships, selected the appropriate algorithm depending on the economic and financial status of the port, the possibility of financing the implementation of investment projects, the availability of cargo base.
EN
The essence of the place and role of public private partnership, its character, purpose in the formation of investment attractiveness of environmental infrastructure, carried out the conceptual rationale for and the prospects of public-private partnership mechanisms to ensure that investment activity and improve the attractiveness of environmental infrastructure to attract the necessary investment.
14
Content available remote IMPORTANCE OF PUBLIC-PRIVATE PARTNERSHIP IN DELIVERY OF PUBLIC SERVICES
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EN
The paper analyzes the concept of joint delivery of public services by the public and private sector within the frameworks of the Public-Private Partnership model (PPP). The key of the partnership (according to the Act in effect) is long-term involvement and collaboration (based on a contract) between a public entity and a private entity for implementation of capital-intensive investment projects. The analyses conducted show that thanks to the specific division of tasks, responsibility and risk, the PPP formula allows more economically effective development of transport infrastructure and supply of public services. The paper shows the influence of PPP on development of municipal infrastructure and supply of public services describing also the major barriers to and benefits from implementation of that formula.
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