All Transport
Soft Budgets, Renegotiations and Public-Private Partnerships
Presentation, slides, speech,
27 October 2014
Renegotiations: How to Approach them and Economic Outcomes
Presentation, slides, speech,
27 October 2014
Causal Inference for Ex-Post Evaluation of Transport Interventions
Presentation, slides, speech,
14 September 2014
Permanent Observatories as Tools for Ex-Post Assessment: the French case study
Presentation, slides, speech,
14 September 2014
The National Audit Office’s Value for Money Assessment of Transport Investments
Presentation, slides, speech,
14 September 2014
Déclaration des Ministres sur des transports pour un monde en changement. Sommet annuel 2014
Summit Declaration,
21 May 2014
Declaration from Ministers on Transport for a Changing World. 2014 Annual Summit
Summit Declaration,
21 May 2014
Cost Benefit Analysis France: Monetising Non-Priced Effects
Presentation, slides, speech,
1 February 2014
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Roundtable Report, Policy Insights,
24 September 2013
- A mix of financing models spreads risks.
- A dedicated budget for PPPs, set in relation to the rate at which future liabilities will be accumulated, can provide such a limit.
- Explicit consideration of alternative financing arrangements should be employed in determining whether to proceed with PPP projects.
- It is recommended that governments require PPP projects to pass tests of affordability and to clear the hurdle rates of return generally applied to publicly financed transport projects.
- The expected cost of PPP projects should take account of cost inflation resulting from the propensity for projects to be renegotiated.
- At the individual project level, risks should be assigned to the party best able to manage them, along with rights to make related decisions.
- Assigning demand risk is not straightforward and risk sharing arrangements are therefore common.
- Continuity of resources and expertise is essential for addressing strategic behaviour and optimism bias more generally.
- Regulatory agencies are well placed to ensure transparency and accountability by publishing reports on the criteria employed to make decisions and publishing contracts.
Déclaration des Ministres sur le Financement des transports. Sommet annuel 2013
Summit Declaration,
22 May 2013
Major Transport Infrastructure Projects and Regional Eonomic Developments - Assessment and Implementation
Presentation, slides, speech,
1 December 2011
Messages clés des Ministres. Sommet annuel 2011: Des transports pour la société
Summit Declaration,
25 May 2011
Key Messages from Ministers 2011 Annual Summit: Transport for Society
Summit Declaration,
25 May 2011
Transport Regulation from Theory to Practice: General Observations and a Case Study
Presentation, slides, speech,
1 December 2010