The challenge PPP/Concession contracts (from now on Concession) – long-term agreements to manage public services and/or public assets – require adaptation to new societal, environmental and technical conditions that cannot be foreseen at the time of contract signature.   The idea Concessions are long-term agreements that generally span more than a decade and require adaptability […]

The challenge Three different asset classes constitute real assets: buildings, grid-based infrastructure and natural resources. The assets subject to categorization along these classes differ substantially and therefore refer to different concepts when it comes to management and organizational strategies. For example, they display different degrees of asset specificity and risk of cascading effects. Infrastructures perform […]

The challenges in government construction The UK Government is a major procurer of social and economic infrastructure in the UK, and also has a major influence over privately constructed social and economic infrastructure. The recently released Construction and Infrastructure Pipeline highlighted the magnitude of planned government investment, outlining over £500bn worth of capital investment. Following […]