Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang

Public private partnership (PPP) procurement was introduced into Malaysia through the Ninth Malaysia Plan in March 2006. PPP capable to transfer risk away from public sector to private sector. Therefore, it is important for the public and private parties to understand the risks through the whole pro...

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Bibliographic Details
Main Author:	Kwai Loon, Tan
Format:	Undergraduates Project Papers
Language:	English
Published:	2014
Subjects:	HD Industries. Land use. Labor
Online Access:	http://umpir.ump.edu.my/id/eprint/10741/ http://umpir.ump.edu.my/id/eprint/10741/ http://umpir.ump.edu.my/id/eprint/10741/1/FIST%20-%20TAN%20KWAI%20LOON%2027.pdf

id	ump-10741
recordtype	eprints
spelling	ump-107412015-10-09T07:54:03Z http://umpir.ump.edu.my/id/eprint/10741/ Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang Kwai Loon, Tan HD Industries. Land use. Labor Public private partnership (PPP) procurement was introduced into Malaysia through the Ninth Malaysia Plan in March 2006. PPP capable to transfer risk away from public sector to private sector. Therefore, it is important for the public and private parties to understand the risks through the whole project lifecycle prior the risk allocation agreement is made. This study aims to identify the critical risk factors of PPP projects in Pahang and to examine the preferred risk allocations for PPP projects in Pahang. Data were collected by using a set of survey questionnaire among the contractors (one representative) in each company in Grade 7 of Construction Industry Development Board (CIDB) in Pahang. Results from the study indicated that top five risk factors in Pahang are: construction time delay”, “land acquisition”, “delay in project approvals and permits”, “design deficiency” and “inflation rate volatility”. Lastly, on risk allocation preferences, this study indicated that 7 risks out of 46 risks would be preferably allocated to the public sector while 25 risks could be assigned to private sector. 11 risks were preferred to be shared by both public and private parties and the remaining of 3 risks depended on project circumstances. The results provided sufficient insight and understanding into the process of PPP as well as look deeply into the critical risks associate in the PPP projects and the contractors’ preferred risk allocation for ensuring success of PPP projects 2014 Undergraduates Project Papers NonPeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/10741/1/FIST%20-%20TAN%20KWAI%20LOON%2027.pdf Kwai Loon, Tan (2014) Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang. Faculty of Industrial Management, Universiti Malaysia Pahang. http://iportal.ump.edu.my/lib/item?id=chamo:91175&theme=UMP2
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	HD Industries. Land use. Labor
spellingShingle	HD Industries. Land use. Labor Kwai Loon, Tan Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang
description	Public private partnership (PPP) procurement was introduced into Malaysia through the Ninth Malaysia Plan in March 2006. PPP capable to transfer risk away from public sector to private sector. Therefore, it is important for the public and private parties to understand the risks through the whole project lifecycle prior the risk allocation agreement is made. This study aims to identify the critical risk factors of PPP projects in Pahang and to examine the preferred risk allocations for PPP projects in Pahang. Data were collected by using a set of survey questionnaire among the contractors (one representative) in each company in Grade 7 of Construction Industry Development Board (CIDB) in Pahang. Results from the study indicated that top five risk factors in Pahang are: construction time delay”, “land acquisition”, “delay in project approvals and permits”, “design deficiency” and “inflation rate volatility”. Lastly, on risk allocation preferences, this study indicated that 7 risks out of 46 risks would be preferably allocated to the public sector while 25 risks could be assigned to private sector. 11 risks were preferred to be shared by both public and private parties and the remaining of 3 risks depended on project circumstances. The results provided sufficient insight and understanding into the process of PPP as well as look deeply into the critical risks associate in the PPP projects and the contractors’ preferred risk allocation for ensuring success of PPP projects
format	Undergraduates Project Papers
author	Kwai Loon, Tan
author_facet	Kwai Loon, Tan
author_sort	Kwai Loon, Tan
title	Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang
title_short	Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang
title_full	Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang
title_fullStr	Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang
title_full_unstemmed	Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang
title_sort	contractors perspective of preferred risk allocation in public-private partnership (ppp) project in pahang
publishDate	2014
url	http://umpir.ump.edu.my/id/eprint/10741/ http://umpir.ump.edu.my/id/eprint/10741/ http://umpir.ump.edu.my/id/eprint/10741/1/FIST%20-%20TAN%20KWAI%20LOON%2027.pdf
first_indexed	2023-09-18T22:10:42Z
last_indexed	2023-09-18T22:10:42Z
_version_	1777415007264309248

Contractors perspective of preferred risk allocation in public-private partnership (PPP) project in Pahang

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