Project Ownership in Public-Private Partnership (PPP) Projects of Norway

Decisions regarding contractual arrangements and selecting a procurement method are two major aspects of Public-Private Partnership (PPP). Given project ownership as one of the core elements of contractual arrangements, this study employs Binary Logistic Regression (BLR) method to statistically investigate any potential link between project ownership and project size. BLR is a beneficial approach to examine type and significance of the connection between a dependent variable (project ownership) and a set of independent variables (investment size and contract duration). Utilizing a list of PPP projects in Norway, the results indicate that project ownership bears no connection with contract duration. However, the growth of investment size increases the probability of private ownership, except for road construction projects which are public-owned projects with large capital costs. Further studies regarding the implications of project ownership, e.g., risk, sustainability, are highlighted as the future directions in this context.