Faster implementation The allocation of design and construction responsibility to the private sector‚ combined with payments linked to the availability of a service‚ provides significant incentives for the private sector to deliver capital projects within shorter construction timeframes. Better risk allocation A core principle of any PPP is the allocation of risk to the party best able to manage it at least cost. The aim is to optimise rather than maximise risk transfer‚ to ensure that best
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PUBLIC PRIVATE PARTNERSHIP IN INDIA Public Private Partnership or PPP is a subject being given the increasing attention that it has been receiving in context of the sweeping changes in India’s economic policies. We are all aware‚ along with the dismantling of the license permit raj a greater role is envisaged for the private sector in these new policies. Now it seems that‚ the private sector is not only to be facilitated in its growth‚ but there it can be taken on board as a partner by the government
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Discuss the effects of increased concentration in transport markets. Concentration ratio refers to the market share of the largest firms in an industry. For example‚ a 5 firm concentration ratio of 65% means that the 5 largest firms have more 65% of market sales. If the concentration ratio increased‚ then 1 or 2 firms may start to dominate the market and the firms will be able to exercise Monopoly power. (in UK legal definition of a monopoly is a firm with more than 25%) This is likely to cause many
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A public–private partnership (PPP) is a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. These schemes are sometimes referred to as PPP‚ P3 or P3. PPP involves a contract between a public sector authority and a private party‚ in which the private party provides a public service or project and assumes substantial financial‚ technical and operational risk in the project. In some types of PPP‚ the
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new construction has come at a significant cost‚ the majority of which has been covered by taxpayers. Construction costs alone for major league professional sports facilities have totaled in excess of $30 billion over the past two decades with over half of the cost being paid by the public. North America is not alone. South Africa spent $1.3 billion on building and upgrading 10 soccer stadiums for the 2010 World Cup following on the heels of Germany’s 2.4 billion euro investment in stadiums
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Crawford Market. The people of Bombay received the bus with enthusiasm‚ but it took quite some time before this means of conveyance really established itself. For several years‚ it was looked upon as transport for the upper middle class. Those were the days when the tram was the poor man’s transport; it carried one all the way from Sassoon Dock to Dadar for a mere anna and a half‚ that was nine paise. The bus fare for the same journey was four annas‚ that is 25 paise. In response to the pleas made
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important role in stimulating the economy of Singapore and making it what it is today. Singapore is located at a favorable geographical position‚ making it the number one hub for the transshipment of freight to and from all over the world. Singapore also boosts world-class seaport and airport facilities and an extensive network of expressways‚ allowing efficient and effective transfer of cargo between multiple modes of transport. This paper will discuss the economic role of freight transportation
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safety is a enormous concern to those attending school. According to studies conducted on students‚ it shows that a student performance in a private schools rather than in public schools due to the safer atmosphere. Private schools have more resources that contribute towards their funds for a security system at their school. One of the reasons why private schools have a more flexible budget to spend on the school’s security program is because they are funded by the parents. The parents pay for
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Exercise 1: Cell Transport Mechanisms and Permeability: Activity 4: Simulating Filtration Lab Report Pre-lab Quiz Results You scored 100% by answering 4 out of 4 questions correctly. 1. Filtration is a process that You correctly answered: c. is passive. 2. Filtration is dependent upon a You correctly answered: b. hydrostatic pressure gradient. 3. The filtrate You correctly answered: d. All of these answers are correct. 4. An important place that filtration takes place in the body is in You correctly
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In the process of cellular respiration‚ there are three main parts; Glycolysis‚ Krebs Cycle‚ and Electron Transport Chain. All three of these processes form together to make cellular respiration happen‚ and that gives our bodies energy to do the work that we need to perform every single day. Without cellular respiration‚ our bodies would not have enough energy to perform everyday tasks‚ let alone live and survive. The first process‚ glycolysis‚ starts with a few molecules of glucose. There are
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