| *<1> J. L Guasch, Granting and Renegotiating Infrastructure Concessions-Doing It Right,
The World Bank Institute (2004), ISBN: 0-8213-3792-0.  Chapter 7 contains lessons for optimal concession design with a view to avoiding
opportunistic renegotiations, based on experience from hundreds of renegotiations of
infrastructure concessions in Latin America.
<2> Toolkit for Public-Private Partnerships in Roads and Highways,
PPIAF-World Bank (version March 2009). Module 5, section 5 (pages 133-138), discusses the main disadvantages and
occasional advantages of contract renegotiation, and provides some of the lessons
learned from past experience.
http://www.ppiaf.org/documents/toolkits/highwaystoolkit/4/4-3.html <3> Guidelines for the Provision of Infrastructure and Capital Investments through Public Private Partnerships: Procedures for the Assessment, Approval, Audit and Procurement of Projects,
Government of Ireland (July 2006). Pages 31-32 contain a discussion of the implications of changes to the contract
associated with refinancing in the context of
in Ireland. http://www.ppp.gov.ie/keydocs/guidance/central/Value%20for%20Money%20%20Tec
hnical%20%20Note.doc |