PPP Project Company Operation Contract Risk Management And Control Research

Based on the continuous development of PPP mode in China and the particularity of PPP mode,risk management in operation has become the focus of project risk management and control.At the same time,the contract and franchise agreement signed by project company is closely related to the government.Therefore,during the operation of the PPP project,the contract risk caused by government reasons often becomes the key to the successful operation of the project.This paper takes a PPP project in Duolun County as an example,analyzes the contract risk of PPP model by means of literature survey,qualitative analysis,theoretical research and case application.At first,through stakeholder theory,the core stakeholders involved in the PPP project are introduced,and the design of PPP project contract,the characteristics of contract risk and the influencing factors of contract risk are briefly outlined.Through scientific method,we identify the contract risk of PPP mode,and divide the contract risk into five categories:competition risk,legal risk,government credit risk,corruption risk and pricing risk.At the same time,it puts forward the PPP mode of contract risk management,which is fair principle,relative risk and profit and so on.The corresponding countermeasures are put forward for the contract risks presented in the previous article:(1)Securing the government's uncompetitive guarantee;(2)The improvement of the legal system of PPP mode;(3)The establishment of the effective credit supervision mechanism;(4)the transparency of PPP project information;(5)The formulation of flexible pricing changes.Through the analysis of the case operation of PPP project in Duolun County,the author summed up the government risk happened in the process of operation and analysis the corresponding risk allocation measures and response.Summarize the experience of PPP operation contract risk management and control.