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Strategic Construction Procurement Assignment

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Added on  2021-04-16

Strategic Construction Procurement Assignment

   Added on 2021-04-16

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Running head: STRATEGIC CONSTRUCTION PROCUREMENTStrategic Construction ProcurementName of the StudentName of the UniversityAuthor’s Note
Strategic Construction Procurement Assignment_1
1STRATEGIC CONSTRUCTION PROCUREMENTTable of ContentsIntroduction......................................................................................................................................2CRITICAL REVIEW 1...................................................................................................................2CRITICAL REVIEW 2...................................................................................................................3CRITICAL REVIEW 3...................................................................................................................5CRITICAL REVIEW 4...................................................................................................................6References........................................................................................................................................8
Strategic Construction Procurement Assignment_2
2STRATEGIC CONSTRUCTION PROCUREMENTIntroductionPublic Private Partnership (PPP) refers to the contractual arrangements between thepublic agency and the private sector companies. The main reason behind this agreement is thesharing of assets and skills of each sector so that various services and facilities can be deliveredfor the public. Thus, it needs to be mentioned that there is immense need for cooperationbetween these agencies to get the desired results. CRITICAL REVIEW 1 Public–private Partnerships: Lessons from the British Approach(Michael Spackman: National Economic Research Associates, 15 Stratford Place, London WIC1BE, U)Purpose: The main purpose of this paper is the examination of the experience of Britainregarding public-private partnership (PPP). Two of the major aims of the papers are to describethe evolution of PPP in United Kingdom (UK) and the examination of the details of comparativecosting of public and private financing (Spackman 2002).Method: In this paper, the author has analysed and evaluated different aspects of the topic likethe evaluation of the PPP policy of Britain, Private Finance Initiative (PFI) mechanism, therationale of private financing and others. Thus, the author has adopted thematic secondaryanalysis (Spackman 2002). Findings: The findings states that PFI approach is more cost beneficial when compared toconventionally financed procurement. Lack of clearness can be seen in the balance of advantage.
Strategic Construction Procurement Assignment_3

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