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Record W1567184578

A Re-examination of the Public-Private-Partnership Discourse: Was PPP the way to Upgrade London Underground’s Infrastructure?

2011· article· en· W1567184578 on OpenAlexaboutno aff
Mark Gannon

Bibliographic record

VenueEuropean Transport Conference 2011Association for European Transport (AET)Transportation Research Board · 2011
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicPublic-Private Partnership Projects
Canadian institutionsnot available
Fundersnot available
KeywordsGovernment (linguistics)Public sectorPrivate sectorFinanceGeneral partnershipInvestment (military)Capital expenditureBusinessEconomicsEconomyEconomic growthPolitical scienceLaw
DOInot available

Abstract

fetched live from OpenAlex

Public-Private-Partnerships (PPPs), known as 3Ps in the US and Canada, were introduced in to the United Kingdom (UK) by the Conservative government in their 1992. Since then, PPPs in the UK accounted for over 57 billion pounds worth of capital expenditure. The Transport sector, whilst not having signed the most PPP deals, accounted for the largest capital expenditure of all sectors; approximately 12 billion pounds of which urban transit PPPs has accounted for approximately 7 billion pounds. When compared with Europe, US and Canada, the UK has led the way with PPP financing however this model is becoming increasingly more popular in these regions. The application of an innovative PPP funding policy to upgrade London Underground's was shrouded in controversy since its announcement in the House of Commons by the then Labour government in March 1998. After an extended transaction period that resulted in significant transaction costs, three infrastructure contracts were signed in 2002/3. During the operational period of the PPP significant problems began to emerge between London Underground (LU) and its contractors. Four years into the first review period one consortium that was awarded two infrastructure contracts went into administration; and two years later the other consortium reverted back to the public sector operation. In sum the PPP model expected to deliver 15 billion pounds of investment into London Underground's ailing system was abandoned. The aim of this paper is to examine the lessons that can be learnt from the public sector's perspective when applying an innovative PPP model to upgrade LU's infrastructure. This will be achieved by investigating the factors that led to the PPP model being chosen in the first instance; and the series of events that led to its demise with a view to concluding whether it was a failure in the PPP policy or the implementation of the policy.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.009
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.407
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0090.000
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.003
Science and technology studies0.0010.001
Scholarly communication0.0000.003
Open science0.0030.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.104
GPT teacher head0.308
Teacher spread0.204 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2011
Admission routes1
Has abstractyes

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Same venueEuropean Transport Conference 2011Association for European Transport (AET)Transportation Research BoardSame topicPublic-Private Partnership ProjectsFrench-language works237,207