by bernard | Aug 25, 2012 | Business Studies, Sample Essays
PPPs are contractual binding agreements which are formed between the public and private sector. It gives the private sector more leeway than was traditionally the case. Basically, the public sector is a government agency which contracts a private company to construct,...
by bernard | Aug 24, 2012 | Business Studies, Sample Essays
According to (Al-Khalil and Al-Ghafly, 1998), The PFI was the initial form of PPP. PFIs were a development of the government whereby the public and private sectors came together to fund, build and refurbish communal project. They comprised a consortium of several...
by bernard | Aug 23, 2012 | Business Studies, Sample Essays
Several high profile projects, which are perceived failures of PPPs in the Middle East, have cast doubt in ensuring successful partnerships. For example, the US$3 billion Mafraaq-Gweihat highway being constructed in Abu Dhabi will not commence on the initial platform...
by bernard | Aug 22, 2012 | Business Studies, Sample Essays
The traditional procurement process has been blamed for the frequency and lengthy delays of national projects. It comprises of several stages before the actual commencement of the project. Stages which have been termed as unnecessary, the separate tendering of the...
by bernard | Aug 21, 2012 | Business Studies, Sample Essays
The Government Procurement and Project Execution Regulations and By-Laws are the regulations which govern the commencement of government projects. More so, additional supplementary resolutions and circulars that require a government department to seek permission for...
by bernard | Aug 20, 2012 | Business Studies, Sample Essays
Tendering in the traditional procurement process is very competitive and is hindered by the varying costs. The administrative entity has the propensity of choosing the lowest bidders in an attempt to save on monies. This culminates into the project being undervalued...
