PPP Project Failures: The tragedy of the evitable (IV) – Inadequate or insufficient quality competition and transparency

After having understood in the previous article the importance of correctly defining the financial structure of PPPs, the present article comments the failure of the projects derived from a bad design and management of the tenders.

In this respect, 4 factors have been selected to consider, which have evidenced a key role in the failure of these projects.

  • Short time for bid preparation
  • Poor interaction
  • Poor prequalification processes
  • Lack of transparency.

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