Public-Private Partnership for University Housing: early consideration on tools and opportunities
Legislative Decree No. 36 of 31 March 2023 introduced a significant streamlining and simplification of the regulatory framework governing Public-Private Partnerships (PPPs). In order to pursue a public interest, the private entity takes responsibility for the funding, implementation, and management of the project, as well as operational risks, while the public sector reserves the right to define the objectives and verify their implementation. PPPs emerge as a more efficient and attractive tool for the development of public infrastructure and services, including University Student Residences (USRs). In Italy, fewer than 5% of university students have had access to USRs, a proportion far below the European average. Given a steadily growing student population now nearly two million, the current supply of student accommodation meets less than one-fifth of total demand despite the adoption of Law No. 338/2000, the first comprehensive intervention aimed at co-financing the construction of dedicated facilities. Forms of PPP, already tested in RSUs, now find new opportunities thanks to a clearer, more flexible regulatory framework focused on collaboration. Additionally, the Italian public real estate heritage, often of historical and artistic significance but unused or underutilized, constitutes a strategic resource for its functional conversion to student housing. Within this framework, the present contribution aims to initiate an exploratory reflection on the potential of public-private collaboration models for enhancing university housing provision, through the valorisation of existing buildings, the involvement of private entities in rehabilitation and management processes, and the more efficient allocation of available resources. Il Decreto Legislativo n.36 del 31 marzo 2023 ha introdotto una significativa razionalizzazione e semplificazione del quadro normativo relativo al Partenariato Pubblico Privato (PPP). Al fine di perseguire un interesse pubblico, il soggetto privato assume la responsabilità del finanziamento, della realizzazione e della gestione del progetto, oltre ai rischi operativi, mentre la parte pubblica si riserva la definizione degli obiettivi e la verifica della loro attuazione. Il PPP si configura come uno strumento più efficiente e attrattivo per infrastrutture e servizi pubblici, tra i quali rientrano le Residenze per Studenti Universitari (RSU). In Italia, meno del 5% degli studenti universitari ha avuto accesso alle RSU, dato nettamente inferiore alla media europea. A fronte di una popolazione studentesca prossima ai due milioni di iscritti, l’offerta di posti alloggio copre meno di un quinto della domanda, malgrado l’adozione della Legge n. 338/2000, primo intervento organico volto al cofinanziamento per la realizzazione di strutture dedicate. Forme di PPP G.ià sperimentate nelle RSU, trovano oggi nuove opportunità grazie al quadro normativo più chiaro, flessibile e orientato alla collaborazione. Inoltre, il patrimonio immobiliare pubblico italiano, spesso di pregio storico-artistico ma inutilizzato o sottoutilizzato, costituisce una risorsa strategica per la riconversione funzionale a uso abitativo studentesco. Il presente contributo avvia una riflessione esplorativa sulle potenzialità insite in forme di collaborazione pubblico-privata finalizzate al miglioramento della dotazione residenziale universitaria, attraverso modelli di valorizzazione del patrimonio edilizio esistente, il coinvolgimento di soggetti privati nelle fasi di recupero e gestione, e una più efficiente allocazione delle risorse.
- Research Article
- 10.32014/2021.2518-1467.27
- Feb 10, 2021
- THE BULLETIN
The article deals with the problem of assessing the socio-economic efficiency of investment in the expansion of University housing infrastructure. Evaluating the effectiveness of investment design solutions is the main approach to determining the return on investment of financial resources in expanding the Fund of student dormitories, in which both investors and all participants in the implementation of investment projects for the construction and modernization of student dormitories are interested. To determine the socio-economic efficiency of the investment project for the construction of housing infrastructure of higher education institutions, a system of indicators was formed. Methods for calculating the socio-economic efficiency of housing infrastructure investment projects based on qualitative and quantitative criteria are considered. A step-by-step implementation of methods for assessing the socio-economic efficiency of projects for the modernization of student housing stock is presented. Since all regions of Kazakhstan set the task of expanding the University's housing infrastructure through the construction of new and reconstruction of existing dormitories with the use of public-private partnerships, there is a need to expand student housing Fund, which is based on the data of the operator of the state program of JSC "Financial center" of the MES RK, which determines the need, funding sources, manage cash flow to ensure the introduction of new places in hostels for students, undergraduates and doctoral students, draws up contracts with investors.
- Research Article
7
- 10.20899/jpna.3.3.320-335
- Dec 1, 2017
- Journal of Public and Nonprofit Affairs
Growth and financial constraint continue to hinder development in a multitude of areas in the public sector. Higher education has joined the growing list of public sector organizations turning toward the private sector for innovative solutions to the negative externalities of growth. On April 14, 2014, the University System of Georgia posted a request for qualified contractors for a first of its kind public–private partnership. Wishing to move away from its current long-term asset financing plan that utilized public–private ventures, and to move much of the bonded debt, the university system issued a call for contractors for the construction of campus housing on nine system-member institutions across the state of Georgia. In an effort to evaluate the importance of this contractual arrangement, a thematic analysis of publicly available contract documents is analyzed. We find that the university system’s values associated with the project are best described as risk-averse behavior.