Print Email Facebook Twitter Flexibility in PPP contracts Title Flexibility in PPP contracts: Dealing with potential change in the pre-contract phase of a construction project Author Demirel, H.C. (TU Delft Integral Design & Management) Leendertse, W.L. (TU Delft Integral Design & Management; Ministry of Infrastructure and the Environment; University Medical Center Groningen) Volker, L. (TU Delft Public Commissioning) Hertogh, M.J.C.M. (TU Delft Integral Design & Management) Date 2016-10-07 Abstract Public Private Partnerships (PPPs) cover a range of possible relationships between public and private parties. PPP contracts are typically used in contexts of great uncertainty, such as large construction and infrastructure projects that are realized over a longer period of time. Hence, a major challenge in PPPs is to keep construction progress cost-efficient and on schedule, under continuously changing circumstances. One way to achieve this is through clever contracting, by proactively anticipating potential change in the planning phase and providing flexible contract mechanisms that enable an effective response. The purpose of this article is to discuss potential changes and the subsequent requirement of flexibility in PPP contracts. By flexibility, we mean the ability of the contract to deal with changing circumstances. We set out to do so by studying the available literature on the subject and by analysing the case study of the Blankenburgverbinding in the Netherlands, a Design, Build, Finance and Maintain (DBFM) project that is currently in its planning phase based on 32 interviews. Our main findings are that the timely and accurate recognition of potential changes, combined with the availability of flexible coping mechanisms, provide the stakeholders with a better understanding of the challenges they face in realizing their aims in the pre-contract phase of projects. This understanding helps to better prepare a PPP contract for potential changes. Subject changecomplexityDBFMflexibilityProjectpublic private partnerships To reference this document use: http://resolver.tudelft.nl/uuid:c9f5b774-7a67-44bb-8083-fa910b86b23c DOI https://doi.org/10.1080/01446193.2016.1241414 ISSN 0144-6193 Source Construction Management and Economics, 35 (4), 196-206 Part of collection Institutional Repository Document type journal article Rights © 2016 H.C. Demirel, W.L. Leendertse, L. Volker, M.J.C.M. Hertogh Files PDF 01446193.2016.1241414.pdf 1.15 MB Close viewer /islandora/object/uuid:c9f5b774-7a67-44bb-8083-fa910b86b23c/datastream/OBJ/view