By Don Cayo, Vancouver Sun

Some P3 attempts stumble at the starting gate. Quite a number don't age well. And the most successful often look less like classic public-private partnerships and more like conventional build-operate-transfer contracts.

And when P3s deliver on-time, on-budget performance -- as 23 under way in B.C. are said to be doing right now -- there's a big price premium to be paid.

Those are the conclusions of two B.C. academics -- Simon Fraser's Aidan Vining and UBC's Anthony Boardman -- who studied 10 early Canadian P3s that ranged from significant successes to dismal failures.

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Posted by pichu at July 25, 2007 10:09 PM