Procurement procedures under the Private Finance Initiative: the operation of the new legal framework
Craven, Richard (2012) Procurement procedures under the Private Finance Initiative: the operation of the new legal framework. PhD thesis, University of Nottingham.
The PhD research is concerned with how EU procurement regulation impacts upon the procurement process for Public-Private Partnership (PPP) projects. The process followed to award the contract and to set the terms of the agreement in the procurement of a PPP project (invariably highly sophisticated arrangements) is crucial for value for money. Prior to 2004 the process was regulated by EU legislation designed in the 1970s, which failed to adequately cater for modem procurement methods, like PPPs. Thus new legislation in 2004 introduced a new procedure for these projects: competitive dialogue. However, commentators have identified possible problems with competitive dialogue and there are numerous legal grey areas.
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