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DC Field | Value | Language |
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dc.contributor.author | Tassopoulos, Evgenios | - |
dc.contributor.author | Theodoropoulos, Sotirios | - |
dc.date.accessioned | 2018-05-31T08:36:46Z | - |
dc.date.available | 2018-05-31T08:36:46Z | - |
dc.date.issued | 2014 | - |
dc.identifier.citation | Tassopoulos, E., & Theodoropoulos, S. (2014). Residual value and its importance in concession agreements for infrastructure problems. European Research Studies Journal, 17(2), 32-40. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar//handle/123456789/30589 | - |
dc.description.abstract | Major and less important parameters affecting the efficiency of the Public Private Partnerships (PPPs) in Infrastructure development have been discussed and analyzed thoroughly in International research. Issues related to the Residual Value factor are under consideration recently, mainly from countries and organizations that have implemented PPPs years ago and now they have to manage risks associated with Residual Value. Efficiency in Residual Value is close related with the proper quality of the provided services by the infrastructure, ensures Value for Money and maximizes the returns on investment. The specific risk is more important to the concession projects where the infrastructure returns to the beneficial owner after the expiration of the contractual period. The paper examines the influence, importance and treatment of the Residual Value parameter in leasehold concession agreements, since this type of concessions have been analyzed less that the schemes related to Built Operate Transfer (BOT) contracts. Residual value risk and its management is an issue that should be taken into consideration from the tendering phase of the project during the optimal selection of the preferred bidder. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | University of Piraeus. International Strategic Management Association | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Public-private sector cooperation | en_GB |
dc.subject | Concessions | en_GB |
dc.subject | Letting of contracts | en_GB |
dc.subject | Infrastructure (Economics) | en_GB |
dc.title | Residual value and its importance in concession agreements for infrastructure problems | en_GB |
dc.type | article | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.description.reviewed | peer-reviewed | en_GB |
dc.publication.title | European Research Studies Journal | en_GB |
Appears in Collections: | European Research Studies Journal, Volume 17, Issue 2 |
Files in This Item:
File | Description | Size | Format | |
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ERSJ,_17(2)_-_A3.pdf | 160.74 kB | Adobe PDF | View/Open |
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