TY - JOUR
T1 - PFI procurement skills
T2 - a cross-sector survey of practitioners
AU - Zawawi, Noor Amila Wan Abdullah
AU - Umar, Abdullahi A.
AU - Aziz, Abdul Rashid Abdul
AU - Crouzier, Olivier
AU - Khamidi, Mohd Faris
AU - Idrus, Arazi
PY - 2014
Y1 - 2014
N2 - Contracting the private sector to construct and operate public infrastructure under the Private Finance initiative (PFI) has generated a lot of heated debate among practitioners. The debates derive their steam from increasing reports of failures which have bedeviled projects under these PFI arrangements. It has now become clear that there seems to be a general lack of adequate PFI contracting skills among public sector clients. The result is a lopsided risk transfer arrangement where the private sector privatizes profits and nationalizes losses. This study reports the results of a cross-sector survey attempting to investigate one of the most important issues raised in the now reformed PF2-public sector skills. It was found that stakeholder management, contract management, bid evaluation, risk management and regulatory governance skills were the most important overall. Though slight differences in ranking exist between the private and public sector but they tended not to be statistically significant.
AB - Contracting the private sector to construct and operate public infrastructure under the Private Finance initiative (PFI) has generated a lot of heated debate among practitioners. The debates derive their steam from increasing reports of failures which have bedeviled projects under these PFI arrangements. It has now become clear that there seems to be a general lack of adequate PFI contracting skills among public sector clients. The result is a lopsided risk transfer arrangement where the private sector privatizes profits and nationalizes losses. This study reports the results of a cross-sector survey attempting to investigate one of the most important issues raised in the now reformed PF2-public sector skills. It was found that stakeholder management, contract management, bid evaluation, risk management and regulatory governance skills were the most important overall. Though slight differences in ranking exist between the private and public sector but they tended not to be statistically significant.
KW - Infrastructure
KW - PFI
KW - Public sector
KW - Skills
UR - http://www.scopus.com/inward/record.url?scp=84923287186&partnerID=8YFLogxK
U2 - 10.1016/j.proeng.2014.07.016
DO - 10.1016/j.proeng.2014.07.016
M3 - Article
AN - SCOPUS:84923287186
SN - 1877-7058
VL - 77
SP - 170
EP - 178
JO - Procedia Engineering
JF - Procedia Engineering
ER -