Management of Risk in private funded international infrastructure projects

抄録

The topic of this paper is set against the background of the choices of procurement systems available to the UK construction industry emanating from developments over the last decade. This period has seen many clients move away from competitive tendering to favour the use of contracts with closer supply chain management through advances in both project and long-term strategic partnering arrangements often between clients and their facilities providers, constructors, designers et al. In parallel with these collaborative initiatives has been an increase in construction procurement based on supply chain integration-'Prime Contracting' and in the use of private funding which can offer advantages to clients using a Private Finance Initiate approach. This paper presents a number of points that will have to considered by potential Prime Contractors to assess if the project's attractiveness and associated risks are acceptable to them, especially if considering projects in international locations.