A Study On Risk Control Of The Government In PPP Project

The PPP(Public-Private-Partnership),cooperation between the government and social capital,is a mode of financing,construction and management of Public service project.In this mode,the social capital establish benefit-sharing,risk sharing with the government in a long-term relations of cooperation through franchising,paid services,equity cooperation and so on,the social capital invest and manage the public services project,provide public products or public services for value.The program in this mode calls the PPP project.Contrary to the government investment projects,the essence of the PPP project is with the private sector's capital,technology,management advantages and innovation potential to improve the efficiency of public goods,emphasis on the risks and the overall project performance.This paper summarizes and analyzes the existing literatures on PPP projects by combing the policy documents on PPP mode introduced at home and abroad,and launched a government department with PPP practical experience of staff visits to research activities.Taking A county as an example,this paper uses the relevant theories of project risk management and government risk management to identify,analyze and summarize the various risks existing in A county's cooperation with social capital,and draw lessons from domestic and foreign government and social capital Cooperation in the practice of the practice,the local government to further regulate the management of PPP projects,control the appropriate risk of measures proposed.