Utilization of Dynamic Simulation for Design and Optimization of PPP/PFI projects
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F17%3A00314315" target="_blank" >RIV/68407700:21110/17:00314315 - isvavai.cz</a>
Result on the web
<a href="http://www.sciencedirect.com/science/article/pii/S1877705817330886?via%3Dihub" target="_blank" >http://www.sciencedirect.com/science/article/pii/S1877705817330886?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.proeng.2017.07.216" target="_blank" >10.1016/j.proeng.2017.07.216</a>
Alternative languages
Result language
angličtina
Original language name
Utilization of Dynamic Simulation for Design and Optimization of PPP/PFI projects
Original language description
The Public Sector Comparator has a unique position in the process of public procurement of PPP/PFI projects (Public Private Partnerships/Private Finance Initiative). The Public Sector Comparator is an evaluation tool, which provides the public sector with complex information about the progress of total costs, incomes and risks during the life cycle of a PPP/PFI project. PSC is formed during the phase preceding competition of tenders. Its value serves as a measure for the public sector to compare against the bids offering investment solutions by means of PPP/PFI projects, and also to choose the most suitable project partner from the private sector. Present methods of calculation of the Public Sector Comparator are based on the formulation of an economic model of a PPP/PFI project with a simplification of the objective reality. This fact leads to problems linked to the interpretation of achieved results. Another difficulty of present methods is the rather static means of calculating the Public Sector Comparator. This situation offers the basis for a solution in an economic model of PPP/PFI project, and results in once-and-for-all decisions in a predetermined time frame. However, it is necessary to record the dynamics of a surveyed process. This paper presents a modified method for the calculation of the Public Sector Comparator which uses dynamic simulations during the initial assessment and pre-market stages of PPP/PFI project.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
20101 - Civil engineering
Result continuities
Project
<a href="/en/project/TE01020168" target="_blank" >TE01020168: Centre for Effective and Sustainable Transport Infrastructure (CESTI)</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Procedia Engineering
ISBN
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ISSN
1877-7058
e-ISSN
1877-7058
Number of pages
8
Pages from-to
399-406
Publisher name
Elsevier B.V.
Place of publication
Amsterdam
Event location
Primosten
Event date
Jun 19, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000418465300052