Abstract
AbstractTraditional method of procurement has been in practice over a considerable period and is still the most common type of public infrastructure procurement. The major alternative to it is the ...
Highlights
Public–private partnerships (PPP) for large scale service delivery and infrastructure development do not deliver the benefits intended to be derived from the use of the Private Partnerships (PPP) procurement method
Regression time model using natural logarithm transformation 2.3. Discussion of findings It can be deduced from the table above, F calculated (F-Cal) 54.62 > 3.05 value of “F” tabulated when 5% level of significant is used, and the coefficient of correlation between the Project Value (PV) and Procurement Time (PT) was found to be = 0.884, showing a significant statistical relationship among the variables involved in the equation
As the traditional source of investment shrinks further in 2017, it reinforces the fact that PPPs will become indispensable as a major source of closing the infrastructure gap in Nigeria
Summary
Public–private partnerships (PPP) for large scale service delivery and infrastructure development do not deliver the benefits intended to be derived from the use of the PPP procurement method. The need to develop a model to improve procurement time of PPP project in Nigeria. Using a mathematical model and data from Nigeria, we will show the relationship between the time to procure and the factors that are considered in the PPP projects.
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