A Study On Pricing The Government Payment Of PPP Project

PPP projects can be divided into three types according to the payment mechanism,namely user payment,feasibility payment and government payment.When user payment and feasibility payment are adopted,PPP projects tend to be operational and quasi-operational projects.Operational and quasi-operational projects can generate revenue through using and meet the coverage of project investment costs.When government payment is adopted,PPP projects tend to be non-operational public infrastructure and services.At present,China's urban population is growing too fast,urban scale is expanding,and the public's demand for infrastructure and services is growing day by day.However,the traditional government procurement model will not only bring greater fiscal expenditure pressure,but also the government's supply efficiency cannot be considered in all aspects.Through the cooperation between government and social capital,public infrastructure and services can be provided to the public in a more efficient and high-quality way.In the PPP project paid by the government,the core issue is the study of the government payment pricing.Reasonable pricing mechanism can attract high-quality social capital and provide better basic implementation and public services for the public.Therefore,it is necessary to study the problems in government payment pricing.Firstly,this paper summarizes the development process of PPP projects in China through literature review and analysis,clarifies the research significance of government payment pricing,and sorts out the structure of the paper.Secondly,through literature review,we can determine the three parts of government payment pricing under PPP mode,namely project construction cost,operation cost and investment income.Project construction and operation costs can be calculated through more open markets and professional technical teams.Investment income plays a central role in the pricing of government payments.In the government payment pricing,the reasonable rate of return on investment plays a key role of investment income.Thirdly,the paper analyzes the status quo of government payment pricing of PPP projects,clarifies the influencing factors of government payment pricing and the existing problems in the pricing mechanism.Finally,by combining the case data of a county's highway PPP project,Monte Carlo simulation method is used to simulate the reasonable profit rate of government payment indirectly,so as to verify the rationality of government payment pricing.Thus,it can help the government to find the recommendations and conclusions for the problems of payment pricing policy.