The Outcome of Renegotiations between Institutionalized Public–Private Partnerships and Their Public Clients
- This study analyzes the renegotiations that take place between institutionalized public–private partnerships (PPPs) and their public clients drawing on survey data on the PPPs of the German Federal Armed Forces. Generally, both the party that initiates such renegotiations and the time at which renegotiations are launched determine the outcome of the PPP’s renegotiated remuneration. This effect is moderated by the degree of contract specificity and by a decrease in demand. Specifically, when the public client initiates the renegotiation of an incomplete contractual agreement due to a decrease in demand, it can successfully reduce the remuneration of the PPP.
Author: | Christian Lohmann, Peter RötzelORCiD |
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DOI: | https://doi.org/https://doi.org/10.1080/01900692.2017.1298128 |
Parent Title (English): | International Journal of Public Administration |
Document Type: | Article |
Language: | English |
Year of Completion: | 2017 |
Release Date: | 2019/12/19 |
Tag: | Public–private partnership (PPP); remuneration; renegotiation; risk |
GND Keyword: | Public Private Partnership |
Volume: | 41 |
Issue: | 9 |
First Page: | 735 |
Last Page: | 745 |
Urheberrecht: | 1 |
research focus : | Wissensmanagement und Strukturwandel / Business Transformation and Innovation Management |
Licence (German): | Creative Commons - CC BY-NC-ND - Namensnennung - Nicht kommerziell - Keine Bearbeitungen 4.0 International |