Can PPPs incorporate collaborative contracting? | With Riccardo Cosentino and Jim Bernard | EP 10

In this week’s episode, Riccardo switches chairs and guest host, Jim Barnard, asks all the questions. Riccardo shares insights from his Oxford Saïd Business School dissertation on the use of collaborative contracting into major programmes, specifically PPP structures. Riccardo and Jim delve into the complications and complexities of risk management, adversarial situations, stakeholders and shareholders and private financing.   “When you have collaborative contracting, you almost waive your legal rights or your rights to pursue legal remedies. And so, all of the parties are around the table. There are many advantages of collaborative contracting, but the simplest one is, instead of hiring lawyers to sort out disputes, you’re redeploying those resources to actually solving project problems.” Key Takeaways:  The price of winning contracts in the PPP market and how the public sector entity comes into playWhy collaborative contracting provides better odds for finishing on time and on budget, but equity has to take more riskPPP and politics, how do we navigate it?  If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox. The conversation doesn’t stop here—connect and converse with our community: Riccardo Cosentino on LinkedInJim Bernard on LinkedIn Transcript:Riccardo Cosentino 00:05You're listening to navigate the major problems, the podcast that aims to elevate the conversationshappening in the infrastructure industry and inspire you to have a more efficient approach within it. I'myour host, Riccardo Cosentino brings over 20 years of major product management experience. Mostrecently, I graduated from Oxford University Said business school, which shook my belief when itcomes to navigating major problems. Now, it's time to shake yours. Join me in each episode, as I pressthe industry experts about the complexity of major program management, emerging digital trends andthe critical leadership required to approach these multibillion-dollar projects. Let's see what theconversation takes us. Hello, and welcome to a new episode of navigating major programs. Todaywe're going to be doing things a little bit differently. My friend, and one point guest of the show asagreed kindly to be hosting this podcast. And we'll do a role reversal where I'm going to be doing thepresenting and Jim Barnard is going to co-host the show. And today we're going to talk about a topicthat is very close to my heart, which is the use of collaborative contracting into major programs,especially into PPP structures. I've done a full dissertation at Oxford as part of my master, majorprogram management, and I decided that it'd be good to walk you through my findings and myconclusion. Anyway, let me introduce the host for today. Jim Bernard. How you doing? Jim?Jim 02:00I'm great. Riccardo, thanks for having me. Big fan of the podcast, obviously had the chance to be on apreviously so very much appreciate the opportunity to be host this time.Riccardo Cosentino 02:11So today, as I said, I'll be a be doing the talking. And you'll be doing the asking. Maybe I can start? I'lljump right into it unless you have a specific question for me. And maybe I can give a bit of a bit of anoverview of my research thesis and some of my findings and some of my conclusions.Jim 02:34 2Transcribed by https: