Public-Private Partnerships for Infrastructure - Principles of Policy and Finance, Second Edition explains how public private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives. As the use of public private partnerships continues to develop world-wide, both in the area of public policy and private financing and contracting, the Second Edition of this leading textbook:

• Captures and explains the latest approaches, providing a comprehensive all-round guide for those on both the public- and private-sector sides of the table.
• Emphasises a step-by-step approach within a comprehensive, cross-referenced format.
• Includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic: no prior knowledge is assumed or required.
• Provides detailed reference points for more experienced practitioners.
• Draws from the authors' experience and practice in PPP markets worldwide to provide a perspective on practical application of the key underlying principles.
• Includes an extensive glossary of technical and financial terms used in the PPP sector.

About the Authors

E.R. Yescombe is an independent consultant on project finance and public-private partnerships (PPPs), advising investors on financing for power, infrastructure, and PPP projects, as well as public-sector entities on PPP policy issues, project procurement, and contracting.

Edward Farquharson is an adviser in the European PPP Expertise Centre (a division of the European Investment Bank) with a background in the public and private sectors in financing and developing PPP projects and policies world-wide.

• Includes more technical information and a stronger legal perspective than other books
• Emphasizes a step-by-step approach within a comprehensive, cross-referenced format
• Expands and updates the historical backgrounds and political contexts of public-private partnerships