PPP Cost-Sharing of Multi-purpose Utility Tunnels

被引:3
|
作者
Alaghbandrad, Ali [1 ]
Hammad, Amin [2 ]
机构
[1] Concordia Univ, Dept Bldg Civil & Environm Engn, 1515 St Catherine St West, Montreal, PQ H3G 2W1, Canada
[2] Concordia Univ, Concordia Inst Informat Syst Engn, 1515 St Catherine St West, Montreal, PQ H3G 2W1, Canada
来源
ADVANCED COMPUTING STRATEGIES FOR ENGINEERING, PT I | 2018年 / 10863卷
关键词
Multi-purpose Utility Tunnel; Public-Private Partnership; Game theory; UNDERGROUND SPACE; ISSUES;
D O I
10.1007/978-3-319-91635-4_29
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
Construction, maintenance, and renewal of underground utilities ( e. g. gas, water and sewer pipes, and electrical and telecommunication cables) impose a large lifecycle cost on utility companies and the citizens of urban areas. Integrating all the utilities in a Multi-purpose Utility Tunnel ( MUT) can reduce post-construction costs of accessibility, inspection, maintenance, protection, and social costs. Although the high construction cost is an obstacle for promoting MUTs, post-construction cost savings make MUTs an economic alternative solution considering the total lifecycle costs. On the other hand, sharing the lifecycle cost of MUTs is another issue, particularly for the high initial investment in construction. Public-Private Partnership ( PPP) is a promising approach for sharing the lifecycle cost of MUTs among public and private investors and facilitating the development of MUT projects. This paper aims to develop a model for PPP financing and cost-sharing of MUT projects using game theory. The PPP investors need to investigate different scenarios for lifecycle cost-sharing and choosing the best strategy considering their financial situation. The proposed model is based on three steps: ( a) selection of MUT cost allocation method for MUT lifecycle phases, ( b) cost adjustment based on risk and benefit cost factors, ( c) game model of MUT cost-sharing based on an entity covering a part of the MUT construction cost using loans/bonds with a penalty that is used as a reward to the other entity. The results show that this model can improve the fairness of MUT cost allocation and be used as an analytical tool for the MUT project stakeholders to choose appropriate financing strategy based on anticipated lifecycle benefits and costs.
引用
收藏
页码:554 / 567
页数:14
相关论文
共 50 条
  • [31] MULTI-PURPOSE STUDIOS
    RETTINGE.M
    JOURNAL OF THE SOCIETY OF MOTION PICTURE TELEVISION ENGINEERS, 1968, 77 (04): : 381 - &
  • [32] MULTI-PURPOSE STEREOADAPTER
    LAITINEN, LV
    HARIZ, MI
    APPLIED NEUROPHYSIOLOGY, 1987, 50 (1-6) : 68 - 76
  • [33] OPENSENS: a low-cost and multi-purpose electrochemical platform
    Viet Dung Trinh
    Minh Khang Le
    Phuong Linh Le
    Anh Tam Ho
    Hoang Anh Nguyen
    Thanh Tuan Thai
    Thi Bich Thuy Hoang
    Thi Thu Huyen Nguyen
    Le Thanh Nguyen Huynh
    Dang Chinh Huynh
    Journal of Applied Electrochemistry, 2024, 54 : 783 - 789
  • [34] Ownership and Cost-Sharing Contracts
    Dalen, Dag Morten
    Moen, Espen R.
    AUSTRALIAN ECONOMIC PAPERS, 2012, 51 (03) : 134 - 146
  • [35] COST-SHARING AND PROVIDER CHOICE
    MARQUIS, MS
    JOURNAL OF HEALTH ECONOMICS, 1985, 4 (02) : 137 - 157
  • [36] COST-SHARING FOR MANURE HANDLING
    LOVEJOY, SB
    KLESSIG, LL
    BOUWES, NW
    JOURNAL OF SOIL AND WATER CONSERVATION, 1980, 35 (01) : 47 - 49
  • [37] The α-serial cost-sharing rule
    Josune Albizuri, M.
    MATHEMATICAL SOCIAL SCIENCES, 2010, 60 (01) : 24 - 29
  • [38] COST-SHARING OF WATER WELLS
    MANUEL, B
    GROUND WATER AGE, 1971, 5 (08): : 27 - &
  • [39] Pseudonyms in Cost-Sharing Games
    Penna, Paolo
    Schoppmann, Florian
    Silvestri, Riccardo
    Widmayer, Peter
    INTERNET AND NETWORK ECONOMICS, PROCEEDINGS, 2009, 5929 : 256 - +
  • [40] Cost-Sharing in Civil Justice
    Wang Fuhua
    SOCIAL SCIENCES IN CHINA, 2018, 39 (01) : 98 - 113