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Alternative to Government Revenue Guarantees: Dynamic Revenue Insurance Contracts
Publisher: American Society of Civil Engineers
Abstract: Public private partnerships (PPPs) are arrangements under which the private sector supplies infrastructure assets and services that traditionally have been provided by the public sector. Public authorities may enhance the ...
Valuing Simple Multiple-Exercise Real Options in Infrastructure Projects
Publisher: American Society of Civil Engineers
Abstract: The revenue risk is considerable in infrastructure project financing arrangements such as build–operate–transfer (BOT). A potential mitigation strategy for the revenue risk is a governmental revenue guarantee, where the ...