Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland
Despite growing social infrastructure investment needs, public-private partnership (hereinafter: PPP) is not developing in accordance to expectations in Poland. Only 25% of initiated proceedings conclude in the realization of a contract – a significantly lower rate as compared to other European nati...
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| Format: | Article |
| Language: | English |
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University of Warsaw
2020-01-01
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| Series: | Studia i Materiały |
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| Online Access: | https://press.wz.uw.edu.pl/sim/vol2020/iss2/7/ |
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| author | Maria Schulders |
| author_facet | Maria Schulders |
| author_sort | Maria Schulders |
| collection | DOAJ |
| description | Despite growing social infrastructure investment needs, public-private partnership (hereinafter: PPP) is not developing in accordance to expectations in Poland. Only 25% of initiated proceedings conclude in the realization of a contract – a significantly lower rate as compared to other European nations. While there are many potential explanations for the poor development of PPP in Poland, this article showcases the inefficiencies in the project financing model, as well as analyzes the applicability of forfaiting by waiver for Polish PPP projects. It outlines the necessary conditions as well as potential benefits to PPP development should the forfaiting by waiver model be applied comprehensively as a mode of financing for Polish PPP projects. Critical success factors in PPP will be addressed, as well as project risk division and factors influencing the project price. |
| format | Article |
| id | doaj-art-3a4ed5207cc849418f9db16067c0b77e |
| institution | DOAJ |
| issn | 1733-9758 |
| language | English |
| publishDate | 2020-01-01 |
| publisher | University of Warsaw |
| record_format | Article |
| series | Studia i Materiały |
| spelling | doaj-art-3a4ed5207cc849418f9db16067c0b77e2025-08-20T02:53:00ZengUniversity of WarsawStudia i Materiały1733-97582020-01-0120202808710.7172/1733-9758.2020.33.7Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in PolandMaria Schulders0https://orcid.org/0000-0002-1416-9734Faculty of Management, University of Warsaw, PolandDespite growing social infrastructure investment needs, public-private partnership (hereinafter: PPP) is not developing in accordance to expectations in Poland. Only 25% of initiated proceedings conclude in the realization of a contract – a significantly lower rate as compared to other European nations. While there are many potential explanations for the poor development of PPP in Poland, this article showcases the inefficiencies in the project financing model, as well as analyzes the applicability of forfaiting by waiver for Polish PPP projects. It outlines the necessary conditions as well as potential benefits to PPP development should the forfaiting by waiver model be applied comprehensively as a mode of financing for Polish PPP projects. Critical success factors in PPP will be addressed, as well as project risk division and factors influencing the project price.https://press.wz.uw.edu.pl/sim/vol2020/iss2/7/public-private partnershipproject financingforfaiting by waiverppp barriers in polandpublic procurement |
| spellingShingle | Maria Schulders Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland Studia i Materiały public-private partnership project financing forfaiting by waiver ppp barriers in poland public procurement |
| title | Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland |
| title_full | Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland |
| title_fullStr | Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland |
| title_full_unstemmed | Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland |
| title_short | Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland |
| title_sort | forfaiting by waiver as an alternative to project financing for the realization of public private partnership projects in poland |
| topic | public-private partnership project financing forfaiting by waiver ppp barriers in poland public procurement |
| url | https://press.wz.uw.edu.pl/sim/vol2020/iss2/7/ |
| work_keys_str_mv | AT mariaschulders forfaitingbywaiverasanalternativetoprojectfinancingfortherealizationofpublicprivatepartnershipprojectsinpoland |