Public-Private Partnership (PPP), A Veritable Tool for a Sustainable Energy Mix in Subnational and Municipal Public Infrastructure Projects

Abstract

The aim of this study is to comprehensively investigate the publicprivate partnership (PPP) model that can be used to fund subnational
and municipal public infrastructure projects as well as using it as a
veritable tool for a sustainable energy mix in the contemporary sociopolitical era. Concurrent Triangulation Design (CTD) was used to
gather data, analyze and merge final results. The model had phase 1
and 2 comprising of the quantitative and qualitative phases
respectively. The four PPP models: Design, Build Finance Operator
and Transfer (DBFOT), Operate Maintain and Transfer (OMT), Build
Lease Operate and Transfer (BLOT) and Build Operate and Transfer
(BOT) selected were analyzed using regression coefficient. A Standard
deviation of 0.19508 shows that the Standard Deviation is less than 1,
Coefficient of Variation < 1. The low variance recorded showed that
DBFOT recorded the highest response showing that DBFOT model as
the chosen in the model can be used as a veritable tool for a
sustainable energy mix in municipal public private infrastructure
project. DBFOT recorded 83.92% of respondents, BLOT had
8.93%,OMT had 5.36% and BOT had 1.79%, of respondents. The
established funding model DBFOT in this study will be adequate in
constructions of industrial waste facility, operate, maintain and
provide a sound financial mechanism for industrial waste project