What are disadvantages of PPP?

-slow preparation of individual PPP projects, which may take up to two years if the preparation of the project is to be of a high standart;

-absence of preliminary verifications on PPP`s actual convenience in terms of optimisation of Public Administration Costs;

-Public Administrations` inadequate capacity to report and interact with the private partner, both in identifying respective contractual obligations and monitoring contract execution;

-PPP projects prefer the economic aspects of the project to the social, environmental or other aspects;

-excessive trust in PPP solving capacity as an alternative to poor availability of public resources;

-considerably negative financial impacts in case the partnership has to be cancelled;

-possible transfer of risks from the private sector to the public sector, e.g. risk of bankruptcy;

Contact us

Gabrovo

Gabrovo

Technical University of Gabrovo

Phone:
(359) 66 827 557

E-mail:
madjarov@tugab.bg

Contact person:
Nikolay Madzharov