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Assessing The Effectiveness of Public Private Partnership (Ppp) Procurement Model For Infrastructure Development In Nigeria

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– Assessing The Effectiveness of Public Private Partnership (Ppp) Procurement Model For Infrastructure Development In Nigeria –

Download Assessing The Effectiveness of Public Private Partnership (Ppp) Procurement Model For Infrastructure Development In Nigeria. Quantity Survey students who are writing their projects can get this material to aid their research work.

Abstract

The study examined effectiveness of Public Private Partnership (PPP) procurement model in Nigeria, following the identification of the factors that measure the effectiveness of PPP procurement model in other countries from literature.

A questionnaire survey approach was used to investigate the perception of Nigerian Construction Professionals (having some PPP experience) on their relative effectiveness.

Means score values from the 114 survey respondents were used to rank the relative effectiveness and also determine the direction of movement on the PPP equilibrium framework.

The independent T-test and Analysis of Variance (ANOVA) were used to test the differences in the Public Private respondent’s perceptions as well as the various interest groups perceptions regarding the effectiveness of PPP procurement model in Nigeria.

Introduction

Public Private Partnerships (PPPs) have emerged over the last two decades as a popular strategy for infrastructure development by Governments Worldwide, primarily to meet ever-growing aspirations of its citizens (Garvin, 2009).

Thus developed world are increasingly using various forms of PPP in the face of increasing limitation in capital resources (Ibrahim, 2007).

National budgets derived from revenue and taxes are often insufficient to meet the huge investment required to build the much needed public infrastructure projects or renew the fast decaying ones (Ahadzi and Bowles, 2004).

This indicates the need for an alternate source of finance to capital projects. As PPPs offer rapid and effective way of offsetting the capital cost of such projects and of meeting immediate infrastructural needs, it became imperative for Nigerian Government to embrace similar funding regimes (Akintoye, 2006).

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