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An algorithm to evaluate the performance of public-private partnership transport projects

Vol. 25, Iss. 9, SEPTEMBER 2019

Received: 30 July 2019

Received in revised form: 13 August 2019

Accepted: 27 August 2019

Available online: 30 September 2019

Subject Heading: INVESTING

JEL Classification: C13, H54, L90, L98, O22

Pages: 2156–2166

Savrukov A.N. Plekhanov Russian University of Economics, Moscow, Russian Federation

Savrukov N.T. Nizhny Novgorod State University of Engineering and Economics (NGIEU), Knyaginino, Nizhny Novgorod, Russian Federation

Kozlovskaya E.A. Peter the Great St. Petersburg Polytechnic University, St. Petersburg, Russian Federation

Subject The article addresses indicators of socio-economic, budget and commercial efficiency of transport projects implemented on the principles of public-private partnership (PPP) in the subjects of the Russian Federation.
Objectives The purpose of the study is to develop a methodological approach to performance evaluation of PPP-based transport projects. It will enable a comparative analysis and comprehensive assessment, considering the socio-economic, budget and commercial effects.
Methods The study employs systems and targeted approaches, generalization, methods of comparative analysis and elements of quantitative analysis.
Results We offer an algorithm to perform a comparative analysis and comprehensive assessment of PPP-based transport project efficiency. If used in practice, the proposed methodology will ensure spatial and temporal comparability of indicators and create conditions for better management decisions when implementing transport infrastructure development projects.
Conclusions and Relevance The offered methodological approach includes a multidimensional approach to evaluation, enables to perform a comparative analysis and integrated assessment of PPP-based transport projects.

Keywords: algorithm, evaluation, performance, public-private partnership, transport project


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