The Process and Program of the VFM Evaluating and the Method of Dynamic Regulation for PPP Project

Abstract

Abstract:

Although the PPP (public-private partnership) project has been developed and obtained a lot of remarkable results in China, the corresponding program and method of the VFM (Value for Money) evaluating,and the process of the government regulation for the PPP project have still some questions,which need to be discussed further and researched deeply. In this paper, the experiences and the methods of the international PPP projects are analyzed, and the principle of the VFM evaluating and the corresponding analysis method are further discussed. The process and program for the VFM evaluating with period of the total life of PPP project based on the concept design is presented, then the principle and the basic method of the dynamic regulation are put forward in detail. The results of this research will provide a useful help to the PPP projects in China.

Key words: PPP project, project decision making, project procurement, process and program of VFM evaluating, principle of dynamic regulation

Zhang Ziwei. The Process and Program of the VFM Evaluating and the Method of Dynamic Regulation for PPP Project[J]. , 2018, 30(10): 270-278.

References

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